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21 Nov 2006, 7:23 am
Investors and regulators are taking a closer look at companies that miss deadlines for reporting executive stock option grants, in what may be a new phase in the U.S. option-timing scandal. [read post]
9 Apr 2009, 7:22 am
In a symbolic protest, the British government joined many other investors in voting against the Royal Bank of Scotland's past remuneration practices on April 3. [read post]
16 Jun 2010, 9:34 pm by Ted Allen
During joint House-Senate negotiations on Wednesday evening over financial reform legislation, Senator Christopher Dodd, the lead Senate negotiator, said Senate conferees had agreed to drop a provision to require public companies to have a majority voting threshold in uncontested director elections. [read post]
23 Jul 2007, 9:53 am
After the conviction of media tycoon Conrad Black, it is worth recalling that it was investors who first questioned "non-compete" payments received by Black and other Hollinger International executives. [read post]
3 Jun 2010, 11:51 am by Ted Allen
Once again, Wal-Mart Stores, the world's largest retailer, is a magnet for shareholder activism.Six investor proposals on a variety of governance and social topics will be on the ballot when the Arkansas-based company holds its annual meeting on Friday. [read post]
26 Apr 2011, 6:39 pm by Ted Allen
On Tuesday, Navigant Consulting reported that it received just 44.8 percent support during its advisory vote on compensation. [read post]
13 Dec 2010, 11:36 am by Ted Allen
Four S&P 500 companies have released their 2011 proxy statements with recommendations on the frequency of shareholder votes on executive compensation. [read post]
25 Mar 2008, 8:09 am
The staff of the Corporation Finance Division has allowed Schering-Plough and JP Morgan Chase to omit a new bylaw proposal that seeks an independent lead director after rejecting requests by AT&T and Boeing to exclude the same resolution. [read post]
8 Jul 2011, 12:56 pm by Ted Allen
While most U.S. companies have accepted shareholders' views on the frequency of future "say on pay" votes, there are at least two exceptions. [read post]
9 Jul 2007, 8:03 am
Director Roger Headrick retired from CVS/Caremark's board after a labor pension fund called for his ouster and complained that he would not been elected without the help of undirected "broker" votes. [read post]
14 Jan 2011, 7:44 am by Ted Allen
Apple is the among the high-profile U.S. companies that are recommending support for an annual advisory vote on executive compensation.The California-based technology company, which plans to hold its annual meeting on Feb. 23, announced its frequency recommendation in its proxy materials. [read post]
26 Mar 2012, 2:06 pm by Ted Allen
A second U.S. issuer, International Game Technology, has reported a failed say-on-pay vote for 2012. [read post]
4 Dec 2006, 7:11 am
More European investors are realizing that it makes sense to participate in U.S. securities class-action cases by serving as lead plaintiffs, or by filing claims for their share of billions of dollars in settlements. [read post]