On October 8, 2020, Glass Lewis (GL) released reports providing its overview of the 2020 proxy season. These reports cover selected shareholder vote results and trends, market and regulat...
The SEC has shown its willingness to continue to take companies to task for not disclosing perquisites and personal benefits to executive officers in a manner that is consistent with the ...
Our 2020 IPO corporate governance survey reviews governance structures at the time of the IPO for the largest U.S.-listed IPOs of “controlled” and non-“controlled” companies betwe...
On June 29, 2020, the U.S. Department of Labor (the DOL) issued a final regulation reinstating the original fiduciary rule under the Employee Retirement Income Security Act of 1974. The D...
Each proxy season, Institutional Shareholder Services Inc. (“ISS”) constructs a peer group for each company prior to the company’s next proxy disclosure. ISS’ methodology for cons...
The coronavirus (COVID-19) pandemic, and our government’s responses to the pandemic (such as shelter-in-place orders and other mobility restrictions), have dramatically changed the natu...
In addition to the disruption caused by the coronavirus (COVID-19) pandemic, there have been a number of other significant developments over the past few years and in recent months that m...
The U.S. Department of Labor has issued an information letter confirming its concurrence that the fiduciary rules under ERISA do not preclude 401(k) and other participant-directed retirem...
A $900,000 fine is a reminder for companies to use care in tracking and disclosing all elements of executive compensation.
Executive perks may not be material to a company’s financial c...
The NYSE has adopted new, temporary exceptions to its shareholder approval rules in light of corporate financing needs related to the coronavirus (COVID-19) pandemic. The new rule provide...
