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18 Nov 2019, 5:49 am
However, because boardroom turnover remains low, with the new directors representing only 8% of all S&P 500 directors, changes to overall numbers continue at a slow pace. [read post]
31 Oct 2008, 12:15 pm
We are discussing In re Loral and examining the trial judge's search for a fifth director who failed to meet the independence standard and therefore resulted in a board with a majority of non-independent directors. [read post]
12 May 2009, 9:32 am
In this decision, the Court upheld the power of the board to approve even candidates from an opposition slate of directors to be "continuing directors. [read post]
11 Feb 2015, 8:43 am by Boris Volodarsky
The proposal would require disclosure about whether directors, officers and other employees are permitted to hedge or offset any decrease in the market value of equity securities held, directly or indirectly, by employees or directors. [read post]
There was a time when such lawsuits were so rare that corporations were not even allowed to indemnify their directors and officers. [read post]
12 Apr 2012, 5:22 am by Barbara S. Mishkin
The other featured speakers will be Steve Antonakes, who serves as Assistant Director of Large Bank Supervision, and Peggy Twohig, who serves as Assistant Director of Nonbank Supervision. [read post]
9 Jul 2008, 3:10 pm
Another Pennsylvania business law / organizational dispute question: May an attorney director of a school for the blind, act as both director-client and attorney, control legal services, not consult with the board, and build up $250,00[?] [read post]
29 Sep 2011, 1:54 pm by eithurburn@getnicklaw.com
  The Director and Deputy Director of the NAVO supercomputer center allegedly leaked confidential information to Galloway, SAIC, and Lockheed regarding the contract requirements before bidding information was available to the public. [read post]
24 Mar 2018, 6:30 am
Together, they form the fiduciary duty that guides and binds every corporate officer and director. [read post]
24 Sep 2019, 6:15 am
Societal and governance issues pelting boards of directors—from the rise of the #MeToo movement, activist investors and impact funds are starting to redefine the traditional relationship between directors and the CEO. [read post]
23 Oct 2017, 11:17 am by Stephen Honig
After that much exposure to the company, the director was no longer considered to be “independent. [read post]
2 Aug 2023, 11:46 am by Karel Frielink
A trust company acting as managing director for a client company is subject to the general rules on director’s liability. [read post]
17 Mar 2015, 7:30 am by Lisa Baird
In another case, a medical technology company and its CEO and CFO settled fraud charges, paid penalties, and received officer and director bars resulting from statements in the company’s SEC filings that the company was planning to file with the FDA a premarket approval application to sell a medical device by specific deadlines. [read post]
25 Feb 2013, 7:43 pm by Stephen Bilkis
The property that the accused wanted to take may not have belonged to the executive director himself but it belonged to the Republican Party which the executive director heads. [read post]
14 May 2015, 1:26 pm by Gustav L. Schmidt
(“Citrix”) brought a derivative lawsuit against the Citrix board of directors alleging a number of things, including breach of fiduciary duty by the board of directors in awarding significant equity compensation awards. [read post]
12 Apr 2012, 5:51 am
Does a managing director have implied authority to suspend the Chairman of the board of directors? [read post]
5 Apr 2023, 12:31 pm by Kevin LaCroix
The company’s CEO later resigned, as did other executives and directors. [read post]
29 Sep 2011, 11:35 am
Facts: Defendants were directors, officers and employees of a Maryland corporation. [read post]