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23 Apr 2023, 6:30 am
Careless political spending decisions can also place companies and corporate executives in legal jeopardy, as demonstrated by the recent investigations and federal criminal convictions associated with FirstEnergy in Ohio. [read post]
23 Apr 2023, 6:30 am
Careless political spending decisions can also place companies and corporate executives in legal jeopardy, as demonstrated by the recent investigations and federal criminal convictions associated with FirstEnergy in Ohio. [read post]
11 Apr 2023, 6:30 am
FirstEnergy and ComEd, for example, have been accused of bribing regulators to receive favorable treatment for coal-fired generators and nuclear reactors. [read post]
11 Apr 2023, 6:30 am
FirstEnergy and ComEd, for example, have been accused of bribing regulators to receive favorable treatment for coal-fired generators and nuclear reactors. [read post]
17 Mar 2023, 4:00 am by Jim Sedor
The revelation contradicts a statement filed by Arizona Corporation Commission member Kevin Thompson in response to an ethics complaint. [read post]
26 Jan 2023, 7:45 pm by Jim Sedor
The strong fourth-quarter performance, which defied election season norms, boosted hopes that corporations will continue to spend big on lobbyists in the new year. [read post]
10 Jan 2023, 7:12 am by Kevin LaCroix
Corporations sought to regain control over the adjudication of corporate matters by creating forum selection provisions requiring that securities claims be heard in federal court. [read post]
6 Jan 2023, 3:00 am by Jim Sedor
But Hobbs, who touted transparency as part of her leadership, has refused to disclose which people or corporations are paying for the party. [read post]
23 Dec 2022, 3:00 am by Jim Sedor
Bankman-Fried is accused of conspiring with unnamed others to violate campaign finance laws that prohibit corporate donations to candidates&r [read post]
28 Oct 2022, 4:00 am by Jim Sedor
National/Federal Bannon Gets 4 Months Jail Term for Defying Jan. 6 Committee Subpoena Yahoo News – Kyle Cheney and Josh Gerstein (Politico) | Published: 10/21/2022 A judge sentenced longtime Donald Trump adviser Steve Bannon to four months in jail for defying a subpoena from lawmakers investigating the attack on the Capitol by a pro-Trump mob. [read post]
7 Oct 2022, 4:00 am by Jim Sedor
Corporations are under pressure from employees and consumers to weigh in on political issues. [read post]
30 Sep 2022, 4:00 am by Jim Sedor
National/Federal Brooklyn’s Library Moves to Slip Books Through Red State Bans MSN – Madina Touré (Politico) | Published: 9/24/2022 The front line of America’s culture war now runs straight through the nation’s school libraries, with conservatives in dozens of states outlawing books and instruction and the left working to shield targeted authors. [read post]
1 Sep 2022, 6:14 am by Dan Bressler
” “Krause said the district court took elements of both arguments, and ultimately determined that, because only the corporate entity suffered the harm, the shareholders lacked Article III standing. [read post]
26 Aug 2022, 4:00 am by Jim Sedor
In the past, shareholder activism has focused mostly on corporate-responsibility causes, such as environmental issues and pay equity between men and women as well as governance like executive pay. [read post]
24 Aug 2022, 11:17 am by Kevin LaCroix
  Background The FirstEnergy derivative suit arises out of a political scandal in the Ohio, in which members of the Ohio General Assembly allegedly were paid bribes in order to support the passage of legislation (known as HB6) that was financial beneficial to FirstEnergy. [read post]
19 Aug 2022, 4:00 am by Jim Sedor
National/Federal FBI Arrests Ex-Congressman on Charges of Fraud and Money Laundering MSN – Praveena Somasundaram (Washington Post) | Published: 8/16/2022 Former U.S. [read post]
24 Jun 2022, 4:00 am by Jim Sedor
National/Federal 2022 Primary Results: Alabama Senate runoff, D.C. and Virginia primaries CBS News – Fin Gómez and Aaron Navarro | Published: 6/21/2022 Virginia and the District of Columbia held primaries on June 21 and Georgia also held runoff elections, but perhaps the most closely watched race was the Alabama Republican U.S. [read post]
13 Jun 2022, 1:05 pm by Kevin LaCroix
Judge Marbley noted not only the cash payment, as compensation for the harm done to the company by the bribery scheme, as well the corporate governance reforms, including a reconstituted board, that were agreed to in the settlement. [read post]
30 May 2022, 5:40 am by Kevin LaCroix
However, it is probably worth noting in this context that, as discussed here, earlier this year the parties to the FirstEnergy political bribery related derivative litigation agreed to settle that case for $180 million; FirstEnergy is an Ohio-based corporation – although to be sure the settlement approval process has become procedurally complicated (as discussed here). [read post]