A derivative suit filed in the United States District Court for the Western District of Washington alleges that Nordstrom violated securities laws in not fully disclosing aircraft-related...
At its annual meeting on March 10, Apple’s shareholder proposal on proxy access received a little more than 39% of the votes cast in favor of the proposal. The proposal asked the board ...
433 resolutions have been filed so far on a wide range of environmental and social issues, a record number, according to Proxy Preview 2015, a publication by As You Sow, the Sustainable I...
With universal proxy cards as the recent focus of an SEC roundtable, CII asked the SEC to prioritize facilitating universal proxies on the SEC’s regulatory agenda. CII had already made ...
As is the practice from time to time, the Corporation Law Section of the Delaware State Bar Association has proposed amendments to the Delaware General Corporation Law (the DGCL) for the ...
Articles & Books
Corporate Law & Accountability Report, 13 CARE 10, 03/06/15, Bloomberg BNA
On Feb. 9, the SEC proposed a long-awaited rule on disclosure of company equity hedging policies, as required by the Dodd-Frank Act (13 CARE 321, 2/13/15) (13 CARE 376, 2/20/15). The prop...
The SEC announced a whistleblower award of nearly half a million dollars to a former company officer whose report of misconduct resulted in an SEC enforcement action. In order for a whist...
The CEO of Vanguard has issued letters regarding shareholder engagement to the independent chair or lead director of approximately 500 of Vanguard’s largest holdings. The letter is publ...
BlackRock has revised its U.S. proxy voting guidelines, following their annual review of governance and proxy voting trends. The guidelines are not expected to result in significant diffe...
Several shareholder proposals this season ask boards to adopt clawback policies that would be triggered by any misconduct resulting in a violation of law or policy that causes significant...
