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Shareholder Lawsuit
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Mentioned In 8 Articles
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Stockholders May be Ready to Sue Papa John's for Securities Fraud
Backlash was swift after reports that Papa John's founder John Schnatter used the N-word...Read Full Article -
McKesson CEO Takes 10% Pay Cut as Company Faces Opioid Lawsuit
...irectors... McKesson CEO John Hammergren will take a 10 percent pay cut in fiscal 2018 as the company faces a shareholder lawsuit for allegedly failing to audit controls for opioid-based painkillers, according to Bloombe...Read Full Article -
Exclusive: SEC's Clayton Won't Blindly Allow Corporations to Ban Shareholder Lawsuits
It's a question of state law, said Edward Rock, the director of NYU Law School's Institute for Corporate Governance and Finance. The SEC should not get involved and it's not an appropriate issue for them to get involved with. In Rock's view, the SEC's mode of regulation is disclosure, not making...Read Full Article -
Shareholder Litigation in the Wake of the #MeToo Movement
Companies are facing a growing number of derivative and securities class actions in the wake of the #MeToo movement. Having strong protocols to address allegations of harassment and sexual misconduct, thoroughly and promptly investigating such allegations, and carefully weighing the risks in severance payments to accused harassers are some of the steps companies can take to protect against such actions...Read Full Article -
Netflix Accused of Violating U.S. Tax Law in Bonuses to Top Executives
A shareholder sues Netflix board members with the allegation they "rigged the compensation process, guaranteeing Netflix officers huge cash payments while misleading investors into believing that these payments were justified by attainment of real performance goals."...Read Full Article -
Elon Musk's April Fool's Tweets Were 'Not a Joking Matter,' Experts Say
If I were a shareholder I wouldn't find that funny, said one communications expert of Musk's prank about a bankruptcy for Tesla...Read Full Article -
Wynn Resorts Board, ex-CEO Steve Wynn hit with Shareholder Lawsuit
...Wynn Resorts board of directors and its ex-CEO Steve Wynn were hit with a shareholder lawsuit on Wednesday... ...Read Full Article -
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