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9 Oct 2020, 3:00 am by Jim Sedor
National/Federal Biden Transition Elevates Former Facebook Exec as Ethics Arbiter Politico – Alex Thompson and Theodoric Meyer | Published: 10/1/2020 Joe Biden’s transition team named Jessica Hertz, until recently a Facebook executive focused on government regulations, as its general counsel and charged her with navigating conflicts-of-interest and other ethical issues for the Biden administration-in-waiting, a move that drew immediate fire from the left. [read post]
7 Oct 2020, 9:41 am by Nassiri Law
Tens of thousands of California fast-food workers at corporate-owned McDonald’s restaurants in California will be getting a cut of the $26 million class action lawsuit over years-old allegations of wage theft. [read post]
2 Oct 2020, 6:05 pm by David J. Halberg, Esq.
Large companies especially can have armies of corporate defense lawyers, and they will use whatever shred of evidence they can to their advantage. [read post]
24 Sep 2020, 7:08 am by Mark Worth
” Two weeks after taking office in November 2014, PricewaterhouseCoopers employees Antoine Deltour and Raphaël revealed that under Juncker’s premiership, Luxembourg secretly had given massive tax breaks to more than 300 multinational corporations including Amazon, Fiat, IKEA, McDonald’s Pepsi and Starbucks. [read post]
22 Sep 2020, 5:37 pm by Kevin LaCroix
One area of potential D&O claims exposure that may not always be considered is the possibility that the individuals could face claims brought against them by their own company, as happened, for example, in the lawsuit that McDonald’s recently filed against its former CEO. [read post]
18 Sep 2020, 6:13 am
Posted by the Harvard Law School Forum on Corporate Governance, on Friday, September 18, 2020 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of September 11–17, 2020. [read post]
17 Sep 2020, 3:30 am by Laura A. Heymann
David Green, senior vice president for marketing at the McDonald’s Corporation, implied this, glibly, in a 1996 article in AdAge, writing that the company’s work with the Black-run advertising firm Burrell Communications gave McDonald’s “the highest share of the African-American market. [read post]
11 Sep 2020, 3:00 am by Jim Sedor
National/Federal $2,933 for ‘Girl’s Night’: Medicaid chief’s consulting expenses revealed Politico – Dan Diamond and Adam Cancryn | Published: 9/10/2020 A House investigation showed how Seema Verma, the Trump administration’s top Medicaid official, spent more than $3.5 million on a range of GOP-connected consultants, who polished her public profile, wrote her speeches and Twitter posts, brokered meetings with high-profile individuals, and even billed… [read post]
., a North Carolina corporation that operates a chain of seven McDonald’s fast-food restaurants, will pay $12,500 and provide other relief to settle a sexual harassment lawsuit filed by the EEOC. [read post]
., a North Carolina corporation that operates a chain of seven McDonald’s fast-food restaurants, will pay $12,500 and provide other relief to settle a sexual harassment lawsuit filed by the EEOC. [read post]
28 Aug 2020, 6:11 am
Posted by the Harvard Law School Forum on Corporate Governance, on Friday, August 28, 2020 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of August 21–27, 2020. [read post]
26 Aug 2020, 6:36 am
McDonald’s Corporation has joined a growing list of companies that have taken action to forfeit unpaid compensation or demand repayment of compensation previously paid to a former CEO, including equity awards or proceeds from the sale of equity awards, pursuant to company clawback policies. [read post]
17 Aug 2020, 4:50 pm by Kevin LaCroix
One thing for sure, these events show how much pressure corporate boards are under in this post-#MeToo era. [read post]
14 Aug 2020, 5:00 am
Despite blocking the Teamsters funds’ months-long efforts to gain access to relevant corporate records, it appears as if those efforts compelled the company to act against Easterbrook.Newman Ferrara partner, Jeffrey Norton, stated that “while [he is] encouraged that McDonald’s is finally doing something to address the harm Easterbrook caused the company and its stockholders, it is apparent that McDonald’s is not willing to go further to redress the… [read post]
14 Aug 2020, 5:00 am
Despite blocking the Teamsters funds’ months-long efforts to gain access to relevant corporate records, it appears as if those efforts compelled the company to act against Easterbrook.Newman Ferrara partner, Jeffrey Norton, stated that “while [he is] encouraged that McDonald’s is finally doing something to address the harm Easterbrook caused the company and its stockholders, it is apparent that McDonald’s is not willing to go further to redress the… [read post]
14 Aug 2020, 3:02 am by Liz Dunshee
Easterbrook’s successor at McDonald’s, Chris Kempczinski, has called for a new corporate emphasis on integrity, inclusion and supporting local communities. [read post]
13 Aug 2020, 1:25 pm by Ronald Newman
Challenging corporate giants like McDonald’s to protect the Black and Latinx people keeping our country moving during the COVID-19 crisis is a civil rights fight we are proud to take on. [read post]
13 Aug 2020, 6:59 am by Kristian Soltes
Legal and Regulatory Developments SPOTLIGHT: With a Compliance Deadline Looming, Technology Emerges to Ease Gas Pump EMVDigital Transactions News – August 7, 2020 Sound Payments Inc., a multichannel technology provider that offers point-of-sale solutions for the petroleum industry, expects its partnership with National Retail Solutions, a subsidiary of IDT Corp., to accelerate adoption of EMV at in-pump card readers among independent gas stations and convenience stores. [read post]
11 Aug 2020, 8:29 am by John Jascob
The complaint alleges that had Easterbrook not lied, McDonald’s would have terminated him for cause, and he would not have been entitled to any severance (McDonald’s Corporation v. [read post]