February 03, 2023 | Corporate Counsel
Shareholder Sues Dollar General After OSHA Assesses $15M in Safety Fines and Says Chain 'Puts Profits Over People'The lawsuit alleges a "sustained failure of the Dollar General board members to implement and maintain an effective system of internal controls." The company and longtime general counsel Rhonda Ferguson did not respond to requests for comment.
By Chris O'Malley
4 minute read
February 02, 2023 | Corporate Counsel
Hair at Root of Anti-Discrimination Laws Sweeping Country"Although getting a warning for a violation may not sound like much, most employers do not want to attract negative press for discriminating against an employee," Bradley Arant Boult Cummings said in a client briefing.
By Chris O'Malley
6 minute read
February 01, 2023 | Corporate Counsel
Is Apple CEO's Pay Cut a Turning Point for Executive Compensation?The tech giant cut Tim Cook's target pay by 40% to be "responsive to shareholder feedback," as reflected by the growing number of "no" votes on its "say-on-pay" proposal. Other companies are feeling similar pressure.
By Chris O'Malley
5 minute read
January 27, 2023 | Corporate Counsel
National Religious Broadcasters' Newly Hired GC to Fight 'Big Tech Woke Cancel Culture'"There are few as accomplished as Michael Farris in advocating for First Amendment freedoms, and we are thrilled to welcome him to our team," said Troy Miller, the organization's CEO.
By Chris O'Malley
3 minute read
January 25, 2023 | Corporate Counsel
Lucas Oil's New Legal Chief Blends Law and MotorsportsFormer long-haul trucker Forrest Lucas and his wife, Charlotte, started the business in 1989 and have built it into a major player in automotive lubricants and motorsports.
By Chris O'Malley
3 minute read
January 25, 2023 | Corporate Counsel
Noom GC Quits, Saying 'We All Need to Step Back and Take a Breath'Michal Rosenn said she feels fortunate to have built "a world-class legal team that is deftly navigating the challenges and opportunities of today's tech environment."
By Chris O'Malley
2 minute read
January 25, 2023 | Corporate Counsel
Republican AGs Broaden Anti-ESG Crusade by Targeting Proxy Advisory Firms"The state AGs are going after everyone in the supply chain. Everyone should be ready for scrutiny," said Chris Carlson, an associate at Troutman Pepper.
By Chris O'Malley
6 minute read
January 24, 2023 | Corporate Counsel
Boards' Lack of Tech Savvy Poses Challenges for CLOs"The lawyers in our survey gave remarkably consistent comments. ... They see the key risk as the board. They worry over its composition, quality and experience," Baker McKenzie wrote in a recently released report.
By Chris O'Malley
7 minute read
January 23, 2023 | Corporate Counsel
Live Nation Taps Prominent Antitrust Attorney Ahead of Congressional ShowdownThe entertainment giant gave its critics additional artillery last fall when it botched the presale of tickets for Taylor Swift concerts.
By Chris O'Malley
4 minute read
January 23, 2023 | Corporate Counsel
States' War on ESG Investing Could Hinge on Obscure KY Suit"If you publicly announce your commitment to ESG principles, you should expect scrutiny and take steps now to stand behind this position," said Chris Carlson, an associate at Troutman Pepper.
By Chris O'Malley
6 minute read
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