David A Coon

David A Coon

February 21, 2018 | Delaware Business Court Insider

Court Re-evaluates Stockholder Ratification of Director Compensation for First Time in Decades

In a Dec. 19, 2017, decision, In re Investors Bancorp Stockholder Litigation, the Delaware Supreme Court considered the limits of a stockholder ratification defense when directors make equity awards to themselves under an equity incentive plan or “EIP.”

By ​Jefferson E. Bell and David A. Coon

5 minute read