Seeking injunctive relief, shareholders of Groupon complained that the company improperly aggregated separate and distinct amendments to Groupon’s 2011 incentive plan to be voted on at ...
President Obama has named Kara Stein, Democrat, and Michael Piwowar, Republican as nominees for SEC Commissioners. Both are currently Senate aides.
Ms. Stein is currently legal counsel...
The Council of Institutional Investors is urging the SEC to take action in response to news reports that Broadridge will discontinue its practice of providing voting tallies to proponents...
According to several news outlets, Chairman White declared during her testimony before the House Financial Services Committee on Thursday that “no one is working on a proposed rule,” ...
The events at CF Industries’ annual meeting last week set several records for shareholder proposals. All four shareholder proposals on its ballot passed. That alone is fairly unusual, b...
When we wrote that Rule 10b5-1 plans were back in the news in our January memo, it turns out that this continues to be accurate even now as the Wall Street Journal recently reported on th...
The resignation of Occidentals chairman at the companys annual meeting, which has been widely reported, was subject to an unusual majority vote provision. 76% of the votes cast oppose...
In an unusual collaboration, Relational Investors and CalSTRS succeeded this week in having a majority of shareholders support CalSTRS shareholder proposal recommending that the board a...
We previously discussed the requirements for NYSE companies here. Today, Cindy Akard talks about the required changes to committee charters for Nasdaq companies.
Are any charter amendment...
Recently, we reminded companies of the upcoming deadlines related to the new listing exchanges’ rules on compensation committees in this client alert. In two separate posts, we talk abo...
