1. Cablevision Wins Dismissal of Investor's Executive-Pay Suit

    Cablevision Wins Dismissal of Investor's Executive-Pay Suit

    Cablevision Systems Corp.’s board won’t have to face an investor’s claims that directors allowed Chairman Charles Dolan and his relatives to pocket $100 million in excessive salaries and bonuses. Delaware Chancery Court Judge John Noble on Wednesday backed the company’s claim that pay decisions were properly made by independent directors and the Dolan family had no input into compensation amounts...

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  2. Quotes

    1. The Dolan family has operated the company and created extraordinary shareholder value since founding Cablevision more than 40 years ago, and we are gratified the court rejected the plaintiff's lawsuit.
    2. The Delaware courts are hesitant to scrutinize executive compensation decisions
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