Topic: Shareholder proposals

Preparing for Shareholder Say-on-Pay Litigation in the 2013 Proxy Season

“Following the enactment of the Dodd-Frank Act, plaintiff’s firms began filing shareholder actions against executive officers, directors, and compensation consultants of companies that failed to obtain the approval of a majority of their shareholders for executive compensation proposals.” (Perkins Coie) Blame it on Dodd-Frank… One of the key provisions of the landmark financial reform legislation… Read more »

2013 Proxy Season Advisory Firm Voting Guidelines: Latest Need-to-Know from JD Supra

“Companies should analyze the reports issued by ISS, Glass Lewis and other advisory firms in 2012 with respect to the company’s 2011 executive compensation in order to better understand the concerns of those firms and to consider addressing these concerns. Companies should also consider any feedback they received from their shareholders. If a company makes… Read more »