Daily Archives: February 21, 2013

Lawsuits to Postpone Annual Meetings Claim to Seek Additional Disclosure

A potential new trend in securities litigation has plaintiffs seeking class action status and “appropriate damages” and asking the court to prevent the shareholder vote, particularly on Say-on-Pay or Share Plan requests, due to alleged misleading and incomplete proxy disclosures.   … Continue reading

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Center Takes Issue with SEC Commissioner Aguilar’s Call for Voluntary Pay Ratio Disclosure

Democratic SEC Commissioner Luis Aguilar released a statement during the week of February 18th calling for companies to make voluntary “robust proxy disclosures” this year by complying with Dodd-Frank and other rules that are yet to be written, including clearly … Continue reading

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