Sentences with phrase «against company directors»

Prosecutions are being brought for the first time against company directors for failings by their companies in following the correct procedures when dismissing redundant employees.

Not exact matches

The settlement with the Federal Trade Commission is the latest setback for Uber, which is facing a divided board of directors and angry shareholders after an investor lawsuit was filed against the company's ousted chief executive.
Elaine Wynn, who co-founded the hospitality company with her ex-husband, Steve Wynn, is starting a campaign to remove one of the three board directors investigating the sexual misconduct allegations against the former CEO.
Wesfarmers shareholders have delivered a mild rebuke to their board of directors, delivering a protest vote against a new share options scheme but supporting the company's remuneration report.
Cofounders Melissa Mash, Deepa Gandhi, and Jessy Dover are now the CEO, COO, and creative director, respectively, of the company that is holding its own against Coach, Michael Kors, Kate Spade, and Tory Burch for the attentions of workingwomen.
The FT had reported on Friday that the company's lawyers had refused independent directors access to personnel files detailing allegations against Weinstein long before the issue erupted earlier this month.
In addition to giving up potential claims against the company, Hortons former leader waived his right to submit a written statement to the board concerning his departure as a company director.
In response to the lawsuit, the Weinstein Company's board of directors called many of the allegations leveled against them «inaccurate,» and said that «any suggestion that the Company or its Board somehow impeded or discouraged the buyer's access to the New York Attorney General is untrue.»
Citation Resources has appointed KordaMentha as voluntary administrators, while the oil and gas company continues to pursue recovery of funds through a civil action against former director Peter Landau.
The corporate watchdog has begun civil penalty proceedings against Padbury Mining and two of its directors over statements made last year claiming the company had lined up $ 6 billion in equity to fund construction of a port and rail network at Oakajee north of Geraldton.
Nabors shareholders also sent a strong rebuke against the company's governance practices with a majority vote against one of its two director nominees, Myron M. Sheinfeld.
Yet its potency has been greatly reduced, particularly as a weapon against officers and directors of public companies.
And in any case, the U.K. Information Commissioner says it can take action against individual directors even of a company that's been declared insolvent, Collins added.
The outspoken and often controversial Wilson said his vote against the two directors sends a signal to the financial community that Lululemon must address the board member issue if the company is to recover.
VANCOUVER — Shareholders of Lululemon Athletica Inc. (Nasdaq: LULU) have re-elected two directors that the company's founder and largest shareholder Chip Wilson voted against in an apparent boardroom backlash, the latest controversy to come to light at the struggling yoga wear retailer.
For example, if Jasper is the worst vice president in the company, then all of the directors will benchmark themselves against Jasper and demand promotions as soon as they reach his low level of competency.»
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Analogic Corporation («Analogic» or the «Company»)(NASDAQ GS: ALOG) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by an affiliate of Altaris Capital Partners, LLC («Altaris») in a transaction valued at approximately $ 1.1 billion.
To the fullest extent permitted by applicable law, you agree to indemnify, defend and hold harmless Daily Harvest, and our respective past, present and future employees, officers, directors, contractors, consultants, equityholders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors and assigns (individually and collectively, the «Daily Harvest Parties»), from and against all actual or alleged Daily Harvest Party or third party claims, damages, awards, judgments, losses, liabilities, obligations, penalties, interest, fees, expenses (including, without limitation, attorneys» fees and expenses) and costs (including, without limitation, court costs, costs of settlement and costs of pursuing indemnification and insurance), of every kind and nature whatsoever, whether known or unknown, foreseen or unforeseen, matured or unmatured, or suspected or unsuspected, in law or equity, whether in tort, contract or otherwise (collectively, «Claims»), including, but not limited to, damages to property or personal injury, that are caused by, arise out of or are related to (a) your use or misuse of the Sites, Content or Products, (b) any User Content you create, post, share or store on or through the Sites or our pages or feeds on third party social media platforms, (c) any Feedback you provide, (d) your violation of these Terms, (e) your violation of the rights of another, and (f) any third party's use or misuse of the Sites or Products provided to you.
The firm, created for the sole purpose of lobbying Taseko to replace two directors and give it a say in key company decisions, had no choice: by the meeting's cut - off date for advanced voting, with 50 % of the votes in, shareholders had voted a resounding 94 % against the dissident's proposals.
Unless you indicate otherwise, the persons named as proxies on the proxy card will vote your Shares: FOR the election of each of the nominees for director named in this proxy statement; FOR the ratification of E&Y as Walmart's independent accountants for fiscal 2014; FOR the non-binding advisory resolution to approve the compensation of the company's NEOs; FOR the approval of the Management Incentive Plan, as amended; and AGAINST each of the shareholder proposals appearing in this proxy statement.
SOUTH SAN FRANCISCO, Calif. — February 5, 2018 — FLX Bio, Inc., a biopharmaceutical company focused on the discovery and development of oral small molecule drugs to activate the immune system against cancer, today announced the appointment of senior pharmaceutical research and development executive Michael F. Giordano, M.D., to its Board of Directors.
Xerox said on Tuesday that it reached an agreement with Mr. Icahn and Mr. Deason to resolve a proxy challenge they had mounted to unseat Xerox's leadership, as well as litigation against the company and its directors.
April 14 Proxy adviser Institutional Shareholder Services on Saturday recommended investors vote against the re-election of five Equifax Inc directors who served on the company's audit and technology committees prior to a 2017 data breach.
Proxy adviser Institutional Shareholder Services on Saturday recommended investors vote against the re-election of five Equifax Inc directors who served on the company's audit and technology committees prior to a 2017 data breach.
Tesla's board is recommending that shareholders vote against the proposal, saying lead independent director Antonio Gracias protects the company against any potential governance issues arising from having a non-independent chairman.
While this is not the first time an established company has attempted legal action against its former employees — in January, Tesla sued its former director of Autopilot for poaching people to join his new startup — this is the first time Waymo has taken such action.
Less than two months after The Wall Street Journal broke the story of alleged sexual misconduct against Steve Wynn, he's quit his jobs as CEO and chairman of the board of directors and sold all 12.1 million shares he held in the company he founded.
«This alliance will allow us to put to use some of the most powerful technologies available in the battle against counterfeit goods,» said Sam Shen, a Shanghai - based director at direct - selling company Amway.
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..
Once purchased, this insurance protects the directors» personal assets in a larger suit against the company.
Unsealed documents related to a class - action lawsuit filed on April 29 against Facebook's board allege that director Marc Andreessen had conflicts of interest related to the company's plan to create a new class of stock.
From Reuters: 14:47 TARGET CORPORATION SHAREHOLDERS ELECT COMPANY»S DIRECTOR NOMINEES Supposedly the margin was over 70 % voting for the Target (TGT) board, against Ackman and Pershing Square.
At the end of December, because of that announcement, a request was filed for a class action against the company and its directors.
In January, Tesla filed a lawsuit against Sterling Anderson, a former director of the company's Autopilot program, saying that he broke his employment contract by trying to recruit Tesla employees to join a new self - driving car company.
In a Glass Lewis Proxy Talk held April 17, 2014, Anne Simpson of CalPERS and Michael Garland of the New York City Comptroller's Office discussed why they think shareholders should vote against the re-election of four Duke Energy Corporation directors for what they believe to be a failure of the directors to fulfill their obligations of risk oversight as members of a committee overseeing health, safety, and environmental compliance at the company.
In a unprecedented move, Warren Buffett rebuked building materials company USG USG and said he voted against its board of directors slate.
It's that background and history that gives Espresso Americano the edge against other coffee franchises, and North America Director David Kubena says the company's knowledge will serve it well as it works to make greater inroads into the North American market.
ACC managing director David Foote said the company had «no choice but to commence legal action» against Coles after «exhaustive negotiations» failed to resolve the dispute.
Fonterra Cooperative Group shareholders will vote on four new directors — one - third of the board — after the dairy company's exhaustive new selection process that rates candidates against a «skills matrix».
You agree to indemnify, defend and hold the USTA Family of Companies, the USTA» Family of Companies» subsidiaries and other affiliated companies / organizations and sponsors and their respective officers, directors, employees and agents harmless from and against any third - party claims, demands, actions, suits, proceedings, liabilities, damages, losses, judgments and expenses (including, but not limited to, the costs of collection, reasonable attorney's fees and other reasonable costs of defense or enforcing your obligations hereunder) resulting from or arising out of any breach of any of your representations or misuse of this or any other USTA Family of Companies site or of any site linking to this or any other USTA Family of CompanCompanies, the USTA» Family of Companies» subsidiaries and other affiliated companies / organizations and sponsors and their respective officers, directors, employees and agents harmless from and against any third - party claims, demands, actions, suits, proceedings, liabilities, damages, losses, judgments and expenses (including, but not limited to, the costs of collection, reasonable attorney's fees and other reasonable costs of defense or enforcing your obligations hereunder) resulting from or arising out of any breach of any of your representations or misuse of this or any other USTA Family of Companies site or of any site linking to this or any other USTA Family of CompanCompanies» subsidiaries and other affiliated companies / organizations and sponsors and their respective officers, directors, employees and agents harmless from and against any third - party claims, demands, actions, suits, proceedings, liabilities, damages, losses, judgments and expenses (including, but not limited to, the costs of collection, reasonable attorney's fees and other reasonable costs of defense or enforcing your obligations hereunder) resulting from or arising out of any breach of any of your representations or misuse of this or any other USTA Family of Companies site or of any site linking to this or any other USTA Family of Compancompanies / organizations and sponsors and their respective officers, directors, employees and agents harmless from and against any third - party claims, demands, actions, suits, proceedings, liabilities, damages, losses, judgments and expenses (including, but not limited to, the costs of collection, reasonable attorney's fees and other reasonable costs of defense or enforcing your obligations hereunder) resulting from or arising out of any breach of any of your representations or misuse of this or any other USTA Family of Companies site or of any site linking to this or any other USTA Family of CompanCompanies site or of any site linking to this or any other USTA Family of CompaniesCompanies site.
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Since joining Open Rights Group as its Executive Director in January 2009, Jim Killock has led campaigns against three strikes and the Digital Economy Act, the company Phorm and its plans to snoop on UK users, and against pervasive government Internet surveillance.
Responding to claims of allegations against the Managing Director of the Bulk Oil Storage and Transportation Company Limited (BOST), Alfred Obeng on Asempa FM, he revealed that some elements within the party are fueling his sack because he has refused to allow them have their selfish way.
The race for Harris County district clerk pits Marilyn Burgess, chief financial officer for a fastener company and a past executive director of the Texas PTA, against Roslyn «Rozzy» Shorter, an international service manager.
A Minority MP and a member of the Energy Committee in Parliament, Edward Bawa, believes the Energy Ministry's attempt to unravel the controversies surrounding the contaminated fuel sale at the Bulk Oil Storage and Transportation Company (BOST), will be held back by staff who have kicked against calls for the interdiction of their Managing Director, Alfred Obeng.
The Managing Director of the Bulk Oil Storage and Transportation Company (BOST), Alfred Obeng Boateng, has said allegations of financial malfeasance against the company by the Chamber of Petroleum Consumers (COPEC) boss, Duncan Amoah, are false and baCompany (BOST), Alfred Obeng Boateng, has said allegations of financial malfeasance against the company by the Chamber of Petroleum Consumers (COPEC) boss, Duncan Amoah, are false and bacompany by the Chamber of Petroleum Consumers (COPEC) boss, Duncan Amoah, are false and baseless.
From the Office of State Comptroller Thomas P. DiNapoli New York State Comptroller Thomas P. DiNapoli on Wednesday announced that the New York State Common Retirement Fund (the Fund) plans to vote against all board directors standing for re-election at companies that have no women on their boards.
New York State Comptroller Thomas P. DiNapoli on Wednesday announced that the New York State Common Retirement Fund (the Fund) plans to vote against all board directors standing for re-election at companies that have no women on their boards.
Assume that the board of directors of XYZ Co. passes a resolution prohibiting the use of company funds to resolve cases of sexual harassment brought against the company.
[26] Maude, «who has railed against irresponsible lending by banks and mortgage companies», was accused of hypocrisy for receiving more than # 100,000 as a director of a company that has profited from sub-prime mortgages.
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