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15 Mar 2014, 8:37 pm by Schachtman
Chesterton, Inc., et al., No. 08-L-619, Circuit Court of Madison County, Illinois (July 12, 2010). [read post]
14 Mar 2011, 1:08 pm by Steve Bainbridge
Last October he found that a would-be acquirer, Air Products and Chemicals Inc., could use a shareholder resolution to shift the annual meeting of its target, Airgas Inc., with the aim of ousting a staggered board that opposed the purchase. [read post]
23 Aug 2010, 4:15 am by Maxwell Kennerly
The complaints assert that conspiring brokers funneled unwitting clients to their co-conspirator insurers, which were insulated from competition; in return, the insurers awarded the brokers contingent commission payments—concealed from the insurance purchasers and surreptitiously priced into insurance premiums—based on the volume of premium dollars steered their way. [read post]
11 Jul 2023, 10:09 am by Geoff Schweller
Unless reversed, the decision will insulate financial misconduct from detection and prosecution. [read post]