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2. How California’s ‘Woman Quota’ is Already Changing Corporate Boards
  
  Explore The Orange County Register Dec 17 2019 BoardBlogs
  
  ...ds of entities that conduct business in California. Padilla has asked a judge to throw out the Judicial Watch lawsuit, saying taxpayers have not been harmed and thus have no standing to sue. Paula Valle, a spokeswoman fo...
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  Mentions: Board Diversity Investment Twitter
3. Elon Musk Said in Court he's Low on Cash. He Could be Right — and it Shows How Complicated CEO Compensation Has Become.
  
  Explore Yahoo! News Dec 5 2019 BoardBlogs
  
  ...tatus. And one reason for that dichotomy is the way top executives often get paid. The trial for a defamation lawsuit from a British diver whom Musk referred to as a "pedo guy" on Twitter last year is underway. During co...
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  Mentions: Twitter Tesla lawsuit
4. Mattel Is A ‘Criminal’ Fraud And The Board Is ‘Cooking The Books,’ Billionaire Alleges
  
  Explore forbes.com Dec 3 2019 BoardNews
  
  ...nuary 13, 2014, MGA filed a complaint in the California State Court seeking in excess of $1 billion, and this lawsuit has yet to be ruled upon - but if it goes Larian’s way, he could more than certainly end up the victor...
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  Mentions: lawsuit Fraud California
5. Wynn Resorts Reaches $41M Settlement on Shareholder Lawsuits
  
  Explore Las Vegas Review Nov 28 2019 BoardNews
  
  ...on settlement in its consolidated derivative lawsuit. Wynn Resorts Ltd. has $41 million coming its way from a lawsuit settlement related to allegations against former chairman and CEO Steve Wynn. Shareholders began filin...
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  Mentions: Twitter lawsuit Sexual misconduct
6. Bad Blood: Years Of War Between Icahn And HP’s Law Firm
  
  Explore crn.com Nov 18 2019 BoardBlogs
  
  ...d fertilizer business -- still unfolding in New York state court as well as federal court. In the state court lawsuit, Wachtell, Lipton, Rosen & Katz pointed out the times it has successfully blocked Icahn. “In a number ...
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  Mentions: Activist Investors Hewlett Packard Enterprises Merger
7. Inside the Chaotic Aftermath of the McDonald's CEO's Shocking Termination and His Replacement's Quest to Win Over Workers
  
  Explore Business Insider Nov 16 2019 BoardBlogs
  
  ...om." On November 12, the American Civil Liberties Union and a Michigan McDonald's worker filed a class-action lawsuit over claims that McDonald's has failed to address a "systemic problem" of harassment, connecting the w...
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  Mentions: lawsuit McDonald's Wall Street
8. Court Tosses Carl Icahn's Lawsuit Seeking Occidental Acquisition Records
  
  Explore Stock Market Quotes and News Nov 15 2019 BoardNews
  
  ... Occidental mismanagement "appear to be nothing more than disagreements" with the company's directors and his lawsuit failed to show how the documents would advance his proxy contest. "We intend to appeal his decision be...
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  Mentions: Activist Investors Management Delaware
9. A Former WeWork Employee is Suing Over Adam Neumann's $1.7 Billion Golden Parachute
  
  Explore Business Insider Nov 9 2019 BoardNews
  
  ...nn's wrongdoing," the lawsuit claims. Sojka is seeking an injunction to prevent Neumann's departure deal from going through, and proposed a class-action lawsuit on behalf of her and other minority shareholders....
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  Mentions: IPO SoftBank lawsuit
10. Square is Dropping an Accounting Metric After the SEC said it’s not Allowed
  
  Explore MarketWatch Nov 7 2019 BoardNews
  
  ...es including Symantec are using ‘ghost revenue’ to calculate bonuses Symantec is now defending a class-action lawsuit regarding these allegations and recently received several comment letters from the SEC on the disclosu...
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  Mentions: Investors Starbucks Progress Software
11. WeWork's Ex-CEO Accused of Pregnancy Discrimination by Former Chief of Staff
  
  Explore Yahoo! Finance Oct 31 2019 BoardNews
  
  ... staff claiming she was repeatedly disparaged and discriminated against during and after two pregnancies. The lawsuit, filed by Medina Bardhi with the Equal Employment Opportunity Commission in New York, claims WeWork’s ...
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  Mentions: SoftBank lawsuit culture
12. Proxy Adviser ISS Sues U.S. Markets Regulator Over Guidance Aimed at Curbing Advice
  
  Explore Yahoo! Finance Oct 31 2019 BoardNews
  
  (Reuters) - Proxy adviser Institutional Shareholder Services Inc on Thursday sued the U.S. Securities and Exchange Commission over guidance aiming to clarify how investors and firms that vote on their behalf should cast their ballots in corporate elections. The guidance, issued in August, addresses some of the grievances U.S. corporations have long had about proxy advisers, such as mistakes ...
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  Mentions: Proxy Advisory Investors ISS
13. A Review of Recent Whistleblower Developments
  
  Explore National Law Review Oct 29 2019 BoardBlogs
  
  ...of a violation of one of the provisions enumerated in SOX in order to sustain a SOX whistleblower retaliation lawsuit. The Colesanti case further demonstrates the principle that sophisticated employees, like in-house att...
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  Mentions: Citigroup JPMorgan risk
14. New York Doesn't Need a Smoking Gun to Win the Exxon Climate Trial
  
  Explore sfgate.com Oct 28 2019 BoardBlogs
  
  ...ce between two measures of climate costs used by the energy giant... New York's $1.6 billion securities-fraud lawsuit against Exxon Mobil is scheduled to begin a second week of trial Monday, after a series of witnesses d...
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  Mentions: Investors risk lawsuit
15. Recent Director and Executive Compensation Lawsuits Heighten Need for Robust Corporate Governance
  
  Explore National Law Review Oct 23 2019 BoardBlogs
  
  ...ad to the application of the entire fairness standard of review (versus the business judgement standard) in a lawsuit, especially if such awards represent a significant departure from past company or peer practices. [1] ...
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  Mentions: Investors Delaware Goldman Sachs
16. Tech and Finance Experts are Shocked by SoftBank’s 'stone cold crazy' $1.7 Billion Golden Parachute for Ousted WeWork CEO Adam Neumann
  
  Explore Business Insider Oct 22 2019 BoardNews
  
  ...." Charles Korsmo, a professor of corporate law at Case Western Reserve, said he doesn't expect a shareholder lawsuit either. "[Shareholders] are getting the opportunity to sell into SoftBank's tender offer, so they are ...
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  Mentions: IPO crisis SoftBank
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