March 11, 2024 | Corporate Counsel
Weight-Loss-Drug Craze Pumps Up Pay for Lilly GCAnat Hakim joined Lilly in 2020, just before the company's stock began a long ascent that has more than quadrupled its value—pushing the company's market capitalization past Tesla's.
By Chris O'Malley
2 minute read
March 08, 2024 | Corporate Counsel
Ex-Director Blasts Trucking Company Over Resignation Disclosure"As a shareholder of Werner Enterprises. I strongly believe an immediate course correction towards a shareholder focus is urgently needed to get the Company and its stock moving in the right direction." former Werner Enterprises director Vikram Mansharamani said in a letter to the company this week.
By Chris O'Malley
5 minute read
March 08, 2024 | Corporate Counsel
Head-Spinning Changes to Antitrust Enforcement Forcing Firms to Recalibrate Dealmaking"You see significant enforcement where enforcement is meant to drive policy—policy as far as economic concerns, social concerns and stepping beyond the more traditional realm of merger review," said Peter Julian, a Jones Day partner.
By Chris O'Malley
6 minute read
March 07, 2024 | Corporate Counsel
Academics Shower FTC With Ideas on Where Privacy Enforcement Should HeadFederal Trade Commission Chair Lina Khan says she wants to protect consumers against "unchecked corporate surveillance," a challenge exacerbated by the rise of AI and the proliferation of geolocation data.
By Chris O'Malley
6 minute read
March 06, 2024 | Corporate Counsel
Antitrust Cops Sound Alarm Over Private Equity's Buying Binge in Health Care"In the aggregate, these roll-up plays can eliminate meaningful competition and allow new owners to jack up prices, degrade quality and neutralize rivals without a competitive check," FTC Chair Lina Khan said.
By Chris O'Malley
5 minute read
March 04, 2024 | Corporate Counsel
ESG Schism Breaks Out at Trucking Company as Board Member Quits"I'm not surprised. I think you very well will see more of that. I doubt this will be the only one," corporate governance expert Charles Elson said.
By Chris O'Malley
6 minute read
March 04, 2024 | Corporate Counsel
$42M Rat-Infestation Fine Underscores Sanitation Risks Facing WarehousesThe Justice Department lowered the boom on Family Dollar after federal inspectors found 1,270 dead rodents at its Arkansas distribution center.
By Chris O'Malley
6 minute read
February 28, 2024 | Corporate Counsel
Apple Investor Uses Proxy Proposal to Assert That 'Silicon Valley Is Hostile to Right-of-Center Thought'The tech giant's shareholders defeated a proposal from the conservative National Center for Public Policy Research seeking a prohibition against discrimination based on "ideology" or "viewpoint."
By Chris O'Malley
3 minute read
February 28, 2024 | Corporate Counsel
New Test for OT Eligibility Rife With Land Mines for EmployersWith the new independent contractor standard, the U.S. Department of Labor is "essentially putting their thumb on the scale to encourage a finding of employment," Baker & Hostetler partner Todd Lebowitz said.
By Chris O'Malley
5 minute read
February 27, 2024 | Corporate Counsel
Broadcom CLO's Pay Topped $15M in Year Capped With $61B AcquisitionMark Brazeal closed 2023 on a high note, with the company finally closing on its $61 billion acquisition of VMware, the largest deal of the year.
By Chris O'Malley
2 minute read
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