Counsel News and Events for Attorneys and Executives

Tag: Shareholders

Fearing Lawsuits, U.S. Banks Set Sky-High Limits for Director Pay

Fearing Lawsuits, U.S. Banks Set Sky-High Limits for Director Pay

News
A growing number of U.S. banks has capped their directors’ earnings, but the ceilings are so high that they primarily serve to fend off potential shareholder litigation rather than control the pace of pay increases, Reuters reports.

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Wal-Mart Wins Dismissal of Mexico Bribery Lawsuit

Wal-Mart Wins Dismissal of Mexico Bribery Lawsuit

News
A Delaware judge has dismissed a lawsuit by Wal-Mart Stores Inc. shareholders who accused the board of the world’s largest retailer of trying to cover up bribes paid by company executives in Mexico, according to a report by Reuters.

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At Facebook, Mark Zuckerberg Moves to Tighten Gag on Shareholders – And No One Can Stop Him

At Facebook, Mark Zuckerberg Moves to Tighten Gag on Shareholders – And No One Can Stop Him

News
A non-voting shareholder class will allow Mark Zuckerberg to pursue his dream of giving 99 percent of their shares to charity, without losing any of his voting control, according to a report in The Los Angeles Times.

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Corporate Governance At UPS – Who Is Washing The Dirty Laundry In Public?

Article
UPS portrays itself as having a fair, transparent, and shareholder friendly corporate governance practices. Not all shareholders would agree, though.

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2015 Corporate Governance & Executive Compensation Survey

White Paper
The analysis provides insights into how companies approach governance issues and will allow readers to benchmark their companies’ corporate governance practices.

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