1. Shareholder Lawsuit

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    1. Mentioned In 21 Articles

    2. Setting Directors’ Pay Under Delaware Law

      Setting Directors’ Pay Under Delaware Law
      The Delaware Chancerys refusal to dismiss a derivative allegation in a suit claiming that Goldman Sachs directors were paid excessively may soon provide a decision that offers companies guidance on setting board of director pay (Stein v. Blankfein, Court of Chancery of the State of Delaware, C.A. No. 2017-0354-SG (Del. Ch. May. 31, 2019). This guidance may come despite the courts initial doubts that the facts, when more fully ...
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    3. Boeing Shareholders Are Suing the Company, Claiming it Put Safety At Risk in a Reckless Pursuit of Profits that Ended in the 2 Fatal 737 Max Crashes

      Boeing Shareholders Are Suing the Company, Claiming it Put Safety At Risk in a Reckless Pursuit of Profits that Ended in the 2 Fatal 737 Max Crashes
      Boeing's problems continue to mount after shareholders launched a legal challenge, claiming they were defrauded over the 737 Max's safety deficiencies. The lawsuit alleges securities fraud violations after the company's stock plummeted $34 billion since a fatal crash in Ethiopia last month, the second of two. Boeing "effectively put profitability and growth ahead of airplane safety and honesty," according to the filing at a Chicago federal court ...
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      Mentions: risk lawsuit Fraud
    4. Shareholder Suits Target Non-Employee Director Compensation at Public Companies

      Shareholder Suits Target Non-Employee Director Compensation at Public Companies
      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 inIn re Investors Bancorp, Inc. Stockholder Litigation. Two cases asserting allegations...
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