On September 23, 2021, in United Food and Commercial Workers Union v. Zuckerberg et al., the Delaware Supreme Court restated and refined the demand futility test for bringing shareholder derivative claims when it affirmed the...more
Last week, the U.S. Securities and Exchange Commission (“SEC”) brought enforcement actions against a company and its former CEO for failure to adequately disclose certain compensation and related party transactions. The move...more
3/3/2021
/ CEOs ,
Compensation ,
Cooperation ,
Disgorgement ,
Enforcement Actions ,
Failure To Disclose ,
Fines ,
Internal Investigations ,
Item 402 ,
Policies and Procedures ,
Proxy Statements ,
Regulation S-K ,
Remediation ,
Section 13 ,
Section 17(a) ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act of 1934 ,
Securities Violations