Sentences with phrase «action by a shareholder»

There has been no legal action by any shareholder during the one - month period in which the decision could be challenged.

Defended directors of selling corporation in derivative action by shareholders for breach of fiduciary duty

The fact that according to Johnson v Gore Wood (a case in which Lord Millett had sat in the House of Lords) this loss was viewed as reflective loss simply mirroring that sustained by the subsidiary was a reason for not allowing a personal action by the shareholder to recover it.

Not exact matches

In a statement, Viacom lead director Salerno, among the directors targeted for removal, called Thursday's action a «brazen and demonstrably invalid attempt» by Shari Redstone «to gain control of Viacom and its management in disregard of Sumner Redstone's wishes,» at odds with the board's efforts «to represent the best interests of all of the shareholders of Viacom.»

In her memory, we devote our actions to a just cause; to defend what is right and to protect the interest of not only shareholders but most importantly the far more important stakeholders of employees, drivers and customers whose lives have been forever altered by the abiding faith and fervent hard work of Travis Kalanick and the Uber team.

«Goldilocks Investment Company Ltd has filed legal action today in light of the continuing refusal by Noble Group Ltd to recognize legitimate legal rights of Goldilocks as a shareholder of Noble,» the investment fund, which holds an 8.1 percent stake in Singapore - listed Noble said in a statement.

«Today's action by the board was the culmination of a blatant bait and switch, essentially robbing loyal employees, including the more than 200 early founding Uber employees and advisors, of their hard earned shareholder rights worth billions in value,» they said.

Undisclosed number of «putative class action lawsuits» by shareholders against Equifx and «certain» of its current and former officers and directors.

SINGAPORE, April 29 - Noble Group will set a date for a special meeting to seek shareholder approval for a $ 3.4 billion debt restructuring after a Singapore court blocked its scheduled annual meeting following legal action by a dissident shareholder.

«In the case of action taken by written consent, [shareholders are entitled] to receive prompt notice after the fact of the action taken,» the judge wrote.

At one point during the meeting, Schultz was confronted by shareholder Tom Strober, founder of the anti — gay - marriage, anti-abortion Corporate Morality Action Centre.

This release contains forward - looking information about the Company's actions to enhance shareholder value, including their potential benefits, that involves substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements.

In no case, except due to an adjustment to reflect a stock split or other event referred to under «Adjustments» below, and except for any repricing that may be approved by shareholders, will the plan administrator (1) amend an outstanding stock option or stock appreciation right to reduce the exercise price or base price of the award, (2) cancel, exchange, or surrender an outstanding stock option or stock appreciation right in exchange for cash or other awards for the purpose of repricing the award, (3) cancel, exchange, or surrender an outstanding stock option or stock appreciation right in exchange for an option or stock appreciation right with an exercise or base price that is less than the exercise or base price of the original award, or (4) take any other action that is treated as a repricing under U.S. generally accepted accounting principles.

BlackBerry's ability to manage inventory and asset risk; BlackBerry's reliance on suppliers of functional components for its products and risks relating to its supply chain; BlackBerry's ability to obtain rights to use software or components supplied by third parties; BlackBerry's ability to successfully maintain and enhance its brand; risks related to government regulations, including regulations relating to encryption technology; BlackBerry's ability to continue to adapt to recent board and management changes and headcount reductions; reliance on strategic alliances with third - party network infrastructure developers, software platform vendors and service platform vendors; BlackBerry's reliance on third - party manufacturers; potential defects and vulnerabilities in BlackBerry's products; risks related to litigation, including litigation claims arising from BlackBerry's practice of providing forward - looking guidance; potential charges relating to the impairment of intangible assets recorded on BlackBerry's balance sheet; risks as a result of actions of activist shareholders; government regulation of wireless spectrum and radio frequencies; risks related to economic and geopolitical conditions; risks associated with acquisitions; foreign exchange risks; and difficulties in forecasting BlackBerry's financial results given the rapid technological changes, evolving industry standards, intense competition and short product life cycles that characterize the wireless communications industry, and the company's previously disclosed review of strategic alternatives.

Many factors could cause BlackBerry's actual results, performance or achievements to differ materially from those expressed or implied by the forward - looking statements, including, without limitation: BlackBerry's ability to enhance its current products and services, or develop new products and services in a timely manner or at competitive prices, including risks related to new product introductions; risks related to BlackBerry's ability to mitigate the impact of the anticipated decline in BlackBerry's infrastructure access fees on its consolidated revenue by developing an integrated services and software offering; intense competition, rapid change and significant strategic alliances within BlackBerry's industry; BlackBerry's reliance on carrier partners and distributors; risks associated with BlackBerry's foreign operations, including risks related to recent political and economic developments in Venezuela and the impact of foreign currency restrictions; risks relating to network disruptions and other business interruptions, including costs, potential liabilities, lost revenues and reputational damage associated with service interruptions; risks related to BlackBerry's ability to implement and to realize the anticipated benefits of its CORE program; BlackBerry's ability to maintain or increase its cash balance; security risks; BlackBerry's ability to attract and retain key personnel; risks related to intellectual property rights; BlackBerry's ability to expand and manage BlackBerry ® World ™; risks related to the collection, storage, transmission, use and disclosure of confidential and personal information; BlackBerry's ability to manage inventory and asset risk; BlackBerry's reliance on suppliers of functional components for its products and risks relating to its supply chain; BlackBerry's ability to obtain rights to use software or components supplied by third parties; BlackBerry's ability to successfully maintain and enhance its brand; risks related to government regulations, including regulations relating to encryption technology; BlackBerry's ability to continue to adapt to recent board and management changes and headcount reductions; reliance on strategic alliances with third - party network infrastructure developers, software platform vendors and service platform vendors; BlackBerry's reliance on third - party manufacturers; potential defects and vulnerabilities in BlackBerry's products; risks related to litigation, including litigation claims arising from BlackBerry's practice of providing forward - looking guidance; potential charges relating to the impairment of intangible assets recorded on BlackBerry's balance sheet; risks as a result of actions of activist shareholders; government regulation of wireless spectrum and radio frequencies; risks related to economic and geopolitical conditions; risks associated with acquisitions; foreign exchange risks; and difficulties in forecasting BlackBerry's financial results given the rapid technological changes, evolving industry standards, intense competition and short product life cycles that characterize the wireless communications industry.

When questioned by Tatts» shareholder Charlie Green of Hunter Green Institutional Broking whether the falling value and performance of both Tabcorp and Tatts in recent months meant the deal should be revisited, Mr Cooke said it «would be premature to form conclusions» before legal action brought the Australian Competition and Consumer Commission in the Federal Court and regulatory approvals were finalised.

Finally, in Ontario, shareholders have a broad statutory right of court action to allege that they have been «oppressed» or «unfairly prejudiced» by the actions of the board or the majority shareholders of a corporation.

In the event that (i) the Board of Directors proposes, recommends, approves or otherwise submits to the shareholders of the Company, for shareholder action, a Deemed Liquidation Event, and (ii) a Holder has not received written notice from the holders of a majority of the shares of Key Holder Common Stock that such holders approve the Deemed Liquidation Event, then such Holder hereby agrees to vote (in person, by proxy or by action by written consent, as applicable) all shares of capital stock of the Company now or hereafter directly or indirectly owned of record or beneficially by such Holder against the Deemed Liquidation Event, to assert statutory dissenters» rights with respect to the Deemed Liquidation Event, and to take such other action in derogation of the Deemed Liquidation Event as shall be requested by the holders of a majority of the shares of Key Holder Common Stock in order to carry out the terms and provision of this Section x.y..

Amongst those taken aback by the speed and dismissiveness of Renault's reply was Pierre Gattaz, the president of France's largest employer federation (Medef), who professed himself «shocked» by the swiftness of the board's action, and «uneasy» that the proposal that had been «forced through» in the face of shareholder opposition.

The funds generated by these actions would help to support efforts to return about $ 90 billion in capital to shareholders by 2018.

The shareholder vote will take place, though the two companies are awaiting the result of Federal Court action brought by the Australian Competition and Consumer Commission and corporate bookmaker CrownBet objecting to the deal.

He said the class action, which is backed by litigation funder IMF Bentham limited, will be open to all shareholders «aggrieved» by AMP's misconduct.

The Sponsor may, in its discretion, undertake any action that it may deem necessary or desirable in respect of the Trust Agreement and the interests of the Shareholders and, in such event, the legal expenses and costs of any such actions shall be expenses and costs of the Trust and the Sponsor shall be entitled to be reimbursed therefor by the Trust.

Murray Goulburn is also facing a shareholder class action run by Slater and Gordon in relation to its 2016 financial year profit forecast.

The Kraft Heinz PAC, the company's political action committee, is funded by voluntary contributions from eligible employees and shareholders.

By entering the Promotion, each entrant releases and discharges the Sponsor, judging organization (if applicable), and any other party associated with the development or administration of this Promotion, their parent, subsidiary, and affiliated entities, and each of their respective officers, directors, members, shareholders, employees, independent contractors, agents, representatives, successors and assigns (collectively, «Sponsor Entities»), from any and all liability whatsoever in connection with this Promotion, including without limitation legal claims, costs, injuries, losses or damages, demands or actions of any kind (including without limitation personal injuries, death, damage to, loss or destruction or property, rights of publicity or privacy, defamation, or portrayal in a false light)(collectively, «Claims»).

Update: Nestle shareholder meeting asked by Baby Milk Action to remember impact of unethical baby milk marketing on 150th anniversary

Nestlé presented misleading reports to shareholders on its marketing of baby milks and its Chairman, Peter Brabeck - Letmathé, made demonstrably false claims in dismissing the concerns raised by GIFA and Baby Milk Action.

Baby Milk Action supporters handed shareholders arriving at the meeting a flier with an OCR code that can be scanned by a smartphone to open an iPod type display of information referred to in Mr. Brady's intervention.

With a change to the top management in 2017, IBFAN raised this and other action required by Nestlé again at the shareholder meeting.

See Baby Milk Action's press release: Nestle Chairman and board exposed by IBFAN at shareholder meeting

Update: Nestle shareholder meeting asked by Baby Milk Action to remember impact of unethical baby milk marketing on 150th anniversary Nestlé is celebrating its 150th anniversary in 2016.

May 1, 2014 Wintergreen Advisers sent a letter to Coca - Cola's Board of Directors and Warren Buffett raising questions about the actions of Coca - Cola Chairman and CEO Muhtar Kent, Director Howard Buffett and Director Maria Elena Lagomasino, and statements made by the company in connection with the shareholder vote on the Coca - Cola 2014 equity plan.

In each instance, substantial upside can be realized by suitable management action, and / or (if necessary) by shareholder action...

One such proposed action is President Bush's proposal to amend the Internal Revenue Code so that corporate dividends derived from corporate earnings on which taxes have been paid by the corporation would be non-taxable to the recipient shareholder - taxpayer.

Quarterly Shareholder Report September 26th, 2011: Herzfeld Selected by New Ireland Fund to Examine Potential Discount - Narrowing Actions September 1st, 2011: The New Ireland Fund, Inc..

This includes entitlements such as dividends and the right to participate in share offers made by the foreign company to its shareholders, or other corporate actions.

Unless we hear from you by Friday, December 19, 2008, that you intend either to take the actions urged above or call a Special Meeting of the stockholders as urged above, then we intend to submit and vigorously pursue shareholder proposals for your next annual meeting.

The investigation and conclusions of the Special Committee may result in claims and proceedings relating to such matters, including previously disclosed shareholder and derivative litigation and actions by the Securities and Exchange Commission and / or other governmental agencies and negative tax or other implications for the Company resulting from any accounting adjustments or other factors.

You hereby irrevocably and unconditionally RELEASE, WAIVE, AND FOREVER DISCHARGE AND COVENANT NOT TO SUE Ubisoft Entertainment S.A., and each of its past, present and future divisions, parent companies, subsidiaries, affiliates, predecessors, successors and assigns, together with all of their respective past, present and future employees, officers, shareholders, directors and agents, and those who give recommendations, directions, or instructions or engage in risk evaluation or loss control activities regarding the Campaign (all for the purposes herein referred to as «Released Parties») FROM ANY AND ALL LIABILITY TO YOU, your assigns, heirs, and next of kin FOR ANY AND ALL CLAIMS, DEMANDS, CHARGES, LAWSUITS, DEBTS, DEFENSES, ACTIONS OR CAUSES OF ACTION, OBLIGATIONS, DAMAGES, LOSS OF SERVICE, COMPENSATION, PAIN AND SUFFERING, ATTORNEYS» FEES, AND COST AND EXPENSES OF SUIT, KNOWN OR UNKNOWN, SUSPECTED OR UNSUSPECTED, ARISING OUT OF OR RELATED TO THE PURCHASE, ACQUISITION, RENTAL, POSSESSION AND / OR USAGE, AND / OR THE INTENT TO PURCHASE, ACQUIRE, RENT, POSSESS AND / OR USE, THE ASSASSIN»S CREED UNITY VIDEO GAME AND / OR THE ASSASSIN»S CREED UNITY SEASON PASS ON ANY AND ALL PLATFORMS, AND / OR RELATED TO THE CAMPAIGN, WHETHER CAUSED BY THE NEGLIGENCE OF THE RELEASED PARTIES OR OTHERWISE.

This brief discusses two distinct forms of these measures: voluntary programmes that drive action by businesses, and government shareholder influence over state - owned enterprises.

You'll want to include information like: the name and contact information of the person (s) organizing the corporation; the name and a description of the corporation, including its primary activities, business address, and any known details like the expected annual revenue; information on the terms of the board of directors; rules on stock ownership and purchases; the contact information for the corporation's president, vice president, secretary and treasurer; the contact information and positions of key employees; how shareholders can approve corporate action; any benefits offered by the corporation; and more.

You need to record official actions of the directors and / or shareholders of a corporation that were taken by unanimous consent, rather than as part of a formal meeting.

By contrast, for the purposes of showing that, before or at the same time as conferring the advantage, the Member State took that decision as a shareholder, it is not enough to rely on economic evaluations made after the advantage was conferred, on a retrospective finding that the investment made by the Member State concerned was actually profitable, or on subsequent justifications of the course of action actually chosen -LRB-...).&raquBy contrast, for the purposes of showing that, before or at the same time as conferring the advantage, the Member State took that decision as a shareholder, it is not enough to rely on economic evaluations made after the advantage was conferred, on a retrospective finding that the investment made by the Member State concerned was actually profitable, or on subsequent justifications of the course of action actually chosen -LRB-...).&raquby the Member State concerned was actually profitable, or on subsequent justifications of the course of action actually chosen -LRB-...).»

Notably, he acted in the action brought by the minority shareholders of Borden Co Pte Ltd which went before the Court of Appeal.

It is widely anticipated that the number of class actions brought around the world will continue to grow, driven by the globalisation of litigation funders and the increasing appetite from funders and plaintiff law firms to develop new claims outside shareholder class actions.

Representing board of directors of a public insurance company in defense of three expedited shareholder injunction actions involving an unsolicited tender offer made by the company's majority shareholder.

Defending technology company and its board of directors in multimillion dollar PA state court action brought by founder / consultant / shareholder alleging claims for breach of fiduciary duty, breach of contract, and rescission; prosecuting action in NJ federal court on behalf of executive terminated in breach of his employment agreement; defending companies and their majority owners in numerous state court actions throughout NY and NJ alleging breach of contract and fraud; defending company in connection with DOL investigation regarding misclassification of employees; defending health - tech entrepreneur in connection with DOL investigation regarding unemployment insurance fraud; counseling global company and its US subsidiary in connection with various employment law matters; and negotiating numerous separation agreements.

Christopher M. Placitella, shareholder at Cohen Placitella Roth PC, was recently selected by his peers for inclusion in The Best Lawyers in America © 2018 in the fields of Mass Tort Litigation / Class Actions — Plaintiffs and Personal Injury Litigation — Plaintiffs.

Disability and insurance claims, automobile, personal injury, accident claims, class actions, employment law, wrongful dismissal claims, real estate litigation, commercial and shareholder / business disputes, mortgage enforcement, condominium litigation, construction lien and commercial tenancy disputes are examples of the depth and variety of civil litigation matters successfully handled by the lawyers of Landy Marr Kats LLP.