Search for: "Domenick Cama" Results 1 - 2 of 2
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28 Apr 2020, 5:00 pm by John Stigi and Alejandro Moreno
In Elburn, the shareholder plaintiff alleged that the board of directors of Investors Bancorp, Inc. breached its fiduciary duties by voting to approve an equity incentive plan in favor of Kevin Cummings and Domenick Cama—each, respectively, a member of the board and an officer of the company. [read post]
2 May 2020, 7:03 pm by Francis Pileggi
The Chancery Court dismissed his challenge to the directors’ 2015 equity incentive plan that awarded stock to the employee directors – principally CEO Kevin Cummings and COO Domenick Cama – but the Delaware Supreme Court reversed and remanded, finding possible self-dealing that would negate the protection of the business judgment rule. [read post]