C. requires that public companies must disclose in their proxy statements whether or not diversity is a consideration when directors are named.
FORBES: Behind Deutsche Bank CEO's 'Colorful And Prettier' Brouhaha
It will be argued that the pay cited here (from the five most recently published proxy statements) includes options cashed in recently but earned years ago during the good times.
Beginning in 2007, regulators allowed companies to save shipping and paper costs by sending only a one-page form to shareholders, while referring them to proxy statements and annual 10-K reports online.
WSJ: Getting Going: Why Proxy Votes May Matter More This Year
This common understanding has already begun to articulate itself in the debate over materiality in the context of what is a material or relevant disclosure with respect to shareholder proxy statements.
While the Court in TSC Industries set about to explain materiality in the context of proxy statements, this articulation of materiality has become the operative definition in many other contexts of securities fraud.
According to Towers Perrin, a consultancy, data from American firms that had filed their 2008 proxy statements by the end of March show that, although median base-salaries rose slightly, the median annual bonus fell by 19%.
No matter how clear and detailed disclosures may be in proxy statements, 8Ks and other filings, companies must ensure they have a voice in popular media, lest their pay programs be discussed without their side of the story.
Investors and security holders may obtain more detailed information regarding the direct and indirect interests of the participants in the solicitation of proxies in connection with the transaction by reading the preliminary and definitive proxy statements regarding the transaction, which will be filed by Clearwire with the SEC.
The plaintiffs, who were Finra members, claimed that under Schapiro Finra had made false statements in a proxy for a merger with the New York Stock Exchange.
应用推荐