...Goldman Sachs Group Inc.agreed to cut pay for some board members to settle a shareholder lawsuit alleging the banks compensation plan was too generous... ...

...hareholders seek $2.6 billion in damages, the entire cost of the SolarCity deal. Directors of Tesla settled a shareholder lawsuit over the company's 2016 acquisition of SolarCity Corp, leaving Chief Executive Officer Elo...

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 filing lawsuits against the company and its board of directors after the allegations of Steve Wynns sexual misconduct emerged in early 2018, claiming they devalued the companys stock...

Adam Neumann transitions from humble beginnings to a despotic Leader. He led WeWork to an existential crisis while encashing billions of dollars to fill his personal coffer. There should be consequences for such reckless and grossly negligent breach of fiduciary duties...

The Delaware Chancerys refusal to dismiss a derivative allegation in a suit claiming that Goldman Sachs directors were paid excessively may soon provide a decision that offers companies guidance on setting board of director pay (Stein v. Blankfein, Court of Chancery of the State of Delaware, C.A. No. 2017-0354-SG (Del. Ch. May. 31, 2019). This guidance may come despite the courts initial doubts that the facts, when more fully ...

...mably, have their own version of events. We previously delved into the details of why this is such an unusual shareholder lawsuit. To summarize: Although the lawsuit is proceeding on behalf of the company, Oracle spokesp...

...A Pennsylvania federal judge has dismissed a shareholder lawsuit against several of Universal Health Services' top executives and directors. Shareholders began filing derivative lawsuits against King of Prussia...

DOVER, Del. (AP) Attorneys for Tesla Inc. asked a Delaware judge Thursday to dismiss shareholders' complaints over a compensation plan that could net CEO Elon Musk more than $50 billion over the next decade...

CALGARY An American activist investor trying to force change at TransAlta Corp. has launched a lawsuit to try to derail the power utilitys $750-million partnership deal with Brookfield Renewable Partners...

Nikehas cause to celebrate even if only for the short-term. An Oregon Circuit Court judge on Monday granted the athletic behemoths motion to dismiss a suit by a group of shareholders, whoaccusedits board and several top executives of ignoring an allegedly hostile work environment...

Boeing's problems continue to mount after shareholders launched a legal challenge, claiming they were defrauded over the 737 Max's safety deficiencies. The lawsuit alleges securities fraud violations after the company's stock plummeted $34 billion since a fatal crash in Ethiopia last month, the second of two. Boeing "effectively put profitability and growth ahead of airplane safety and honesty," according to the filing at a Chicago federal court ...

...CBShas settled a shareholder lawsuit that claimed chairman emeritusSumner Redstonereceived millions in compensation despite the fact his health had deteriorated and he was no longer able to attend to regular co...

Recent shareholder suits show there is a heightened scrutiny of routine proxy disclosures in order to challenge non-employee director compensation. Plaintiffs attorneys are focusing on non-employee director compensation and compensation plans, particularly in comparison to peer companies a trend that was expected following the late-2017 Delaware Supreme Court decision inIn re Investors Bancorp, Inc. Stockholder Litigation. Two cases asserting allegations...

... A New York law firm is garnering support for a shareholder lawsuit against Apple. That's after the company issued a shock revenue warning on Wednesday. Bernstein Liebhard said Apple CEO Tim Cook can't reconcil...

(Reuters) - Activist investor Carl Icahn sued Dell Technologies on Thursday, alleging that the computer maker did not disclose financial information related to its plans to go public by buying back its tracking stock...