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28 Apr 2009, 11:54 am
The CtW Investment Group is calling on Bank of America (BAC) to refrain from counting uninstructed broker votes in board elections at tomorrow's annual meeting in Charlotte, North Carolina. [read post]
14 Mar 2012, 2:22 pm
During the second year of say-on-pay votes, institutional investors and their proxy advisers are prompting more companies to improve their CEO pay practices, according to a new report by the Conference Board, the NASDAQ OMX Group, and Stanford University's Rock Center for Corporate Governance. [read post]
9 Feb 2012, 8:27 am
A coalition of corporate organizations has asked the U.S. [read post]
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]
16 Jun 2010, 9:34 pm
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]
29 Jul 2009, 8:36 am
The House Financial Services Committee approved legislation on Tuesday that would require U.S. companies to hold annual advisory votes on executive compensation. [read post]
20 May 2010, 12:06 pm
Earlier today, Senate Democrats finally mustered enough votes to limit debate on Senator Christopher Dodd’s sweeping financial reform bill, clearing the way for a final vote on the 1,600-page legislation later this week. [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]
14 Jan 2011, 7:44 am
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]
7 Dec 2010, 1:19 pm
Activist investors are hailing the departure of Massey Energy Chairman and CEO Donald Blankenship, and point out that their efforts helped prod Massey’s board to make a leadership change. [read post]
2 May 2012, 10:45 am
Three more U.S. [read post]
6 Mar 2008, 3:46 am
The CLS news item is here. [read post]
17 Jan 2012, 6:29 am
With the U.S. presidential primary season underway, the topic of corporate political activities is receiving even greater attention from investors. [read post]
2 Oct 2009, 12:04 am
"In 'Frozen,' Larry Johnson, a former exec at the Alcor Life Extension Foundation in Scottsdale, Ariz., ... writes that in July 2002, shortly after the Red Sox slugger died at age 83, technicians with no medical certification gleefully photographed and used crude equipment to decapitate the majors' last .400 hitter.... [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]
12 Jun 2009, 12:40 pm
The CtW Investment Group has called on the board at Pulte Homes to reverse its decision to seat three directors--Debra J. [read post]
9 Feb 2007, 7:38 am
More South Korean companies are bracing for the possibility of securities class-action lawsuits now that a legal grace period has expired. [read post]
1 Jun 2009, 10:00 am
On May 29, the Amsterdam Court of Appeals gave final approval to a historic $381 million settlement negotiated by a coalition of non-U.S. pension funds that sued Royal Dutch Shell over its oil reserves reporting. [read post]
6 Apr 2012, 7:28 am
My top ten Senate races are listed here, and if you can spend some money on getting the Senate back into responsible hands this weekend, visit the site and in a couple of minutes you can find and support the most... [read post]
28 Jan 2010, 3:03 pm
Thirty activist investors have sent letters to 17 financial institutions urging them to conduct an annual advisory vote on executive pay during the 2010 proxy season. [read post]