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Shareholder Suits Target Non-Employee Director Compensation at Public Companies

sites.goodwinlaw.com

Recent shareholder suits show there is a heightened scrutiny of routine proxy disclosures in order to challenge non-employee director compensation. Plaintiffs’ attorneys are focusing on non-employee director compensation and compensation plans, particularly in comparison to peer companies – a trend that was expected following the late-2017 Delaware Supreme Court decision in In re Investors Bancorp, Inc. Stockholder Litigation. Two cases asserting allegations...

Mentions: Public Companies Investors Delaware