Since the advent of “Say-on-Pay” over three years ago, the plaintiffs’ securities bar has attempted to rustle up claims relating to executive compensation matters discussed in proxy statements. The first wave against those...more
Proxy season is upon us and the plaintiffs’ bar is demonstrating its resourcefulness by bringing a third wave of shareholder litigation. This new wave, which has not crested yet, consists of a return to derivative shareholder...more
2/22/2013
/ Annual Meeting ,
Board of Directors ,
Derivative Suit ,
Executive Compensation ,
Exit Strategies ,
Institutional Shareholder Services (ISS) ,
Preliminary Injunctions ,
Proxy Season ,
Proxy Statements ,
PSLRA ,
Putative Class Actions ,
Say-on-Pay ,
Settlement ,
Shareholder Litigation
In This Edition:
- Year-end Deadline for Correcting Section 409A Deferred Compensation Arrangements That Condition Payment on an Employee Release or Covenant:
By December 31, 2012, all deferred compensation...more