May 27, 2014 | The American Lawyer
ISS Urges Investors to Reject Walmart Board Members, Pay PlanInstitutional Shareholder Services believes Walmart's board of directors should be more independent, do a better job of handling issues related to executive pay, and move more aggressively to deal with foreign-bribery allegations.
By Hilary Johnson
2 minute read
May 27, 2014 | The American Lawyer
Urban Outfitters Pressed to Add Women, Minorities to BoardUrban Outfitters is coming under fire from shareholders regarding the diversity of its board of directors.
By Hilary Johnson
2 minute read
May 26, 2014 | The American Lawyer
Report: SEC Eyes Merrill, Schwab Amid Money Laundering InquiryThe U.S. Securities and Exchange Commission is investigating whether Charles Schwab's brokerage unit and Bank of America's Merrill Lynch brokerage unit have failed to exercise adequate vigilance when it comes to their respective anti-money-laundering controls, according to Reuters.
By Hilary Johnson
2 minute read
May 26, 2014 | The American Lawyer
Red Lobster Sale Spurs Starboard to Wage Darden Board FightActivist hedge fund Starboard Value is seeking to replace Darden Restaurants' entire 12-member board of directors in the wake of the company's decision to sell its Red Lobster chain.
By Hilary Johnson
2 minute read
May 26, 2014 | The American Lawyer
Report: Sale of Lehman's D.E. Shaw Stake LanguishesThe structure of a pre-financial crisis deal is proving to be a stumbling block for the Lehman Brothers estate as it tries to sell its 20 percent stake in hedge fund D.E. Shaw.
By Hilary Johnson
3 minute read
May 21, 2014 | The American Lawyer
Vatican Bolstering Efforts to Root Out Money LaunderingThe Vatican, the oldest organization in the world, is working to ensure that its finances meet modern standards of compliance and governance.
By Hilary Johnson
2 minute read
May 21, 2014 | The American Lawyer
Deloitte's Former Top Auditor Accepts SEC License SuspensionDeloitte LLP's former chief risk officer has settled charges brought by the U.S. Securities and Exchange Commission by agreeing to relinquish his license to practice at any SEC-regulated entity for at least two years.
By Hilary Johnson
2 minute read
May 21, 2014 | The American Lawyer
For JPMorganChase's Dimon, Say-on-Pay Vote a Middling GradeIf shareholders graded chief executives through say-on-pay votes, this year, Jamie Dimon would have earned a C+.
By Hilary Johnson
2 minute read
May 20, 2014 | The American Lawyer
Deutsche Bank Moving to Scandal in PastThe German bank appears to be striving to put the bad old, boom-driven period of crisis and scandal behind it.
By Hilary Johnson
2 minute read
May 20, 2014 | The American Lawyer
SEC Still Grappling With Uniform Fiduciary Standard IssueAchieving consensus on a uniform fiduciary standard for financial advisers is proving elusive for the U.S. Securities and Exchange Commission, one agency official told Financial Industry Regulatory Authority's annual conference in Washington, D.C.
By Hilary Johnson
2 minute read
Trending Stories