Sentences with phrase «against shareholders of companies»

He added that the lawsuit will also be filed against shareholders of companies, if they have purses kryptowalutowe.

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.
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.
IBM shareholders CalSTRS and The State Board of Administration for the Florida Retirement System (SBA FLA) each voted against Rommety's proposed pay package at the company's annual general meeting.
My buddy Jim Kane with Retailer Web Services recently made an interesting observation about public companies: He noted founders waste an embarrassing amount of shareholder cash trying to save or slowly wind down companies instead of shuttering operations when it's clear the odds have turned against them.
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.
Most of the time, shareholders vote against a company's pay package when the firm is performing poorly.
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.
Ravikant became something of a celebrity in the Valley when he led a shareholder lawsuit against the firm that had invested in his prior company, Epinions.com.
Exxon has argued against all the other shareholder proposals as well, including a «policy to explicitly prohibit discrimination based on sexual orientation and gender identity»; a policy articulating Exxon's «respect for and commitment to the human right to water»; «a report discussing possible long term risks to the company's finances and operations posed by the environmental, social and economic challenges associated with the oil sands»; a report of «known and potential environmental impacts» and «policy options» to address the impacts of the company's «fracturing operations»; a report of recommendations on how Exxon can become an «environmentally sustainable energy company»; and adoption of «quantitative goals... for reducing total greenhouse gas emissions.»
Most recently, a Jan. 19 shareholder lawsuit filed in the Delaware Court of Chancery against the boards of Viacom and CBS Corp alleges the companies improperly paid millions for Redstone's services as executive chairman «while he was physically and mentally incapacitated.»
That put him on the opposite side of the table from activist investor Carl Icahn, who turned into Herbalife's largest shareholder even as Ackman mounted a campaign against the company.
The investment analysis and market index company said its proxy advisory unit, Institutional Shareholder Services, received a Wells Notice on Sept. 14 related to a whistleblower complaint made against an employee of the unit.
Fifty - two percent of shareholders voted against Disney's compensation plan for Iger and other executives, the company said at its annual shareholder meeting in Houston.
White Tale, coupled with other Clariant shareholders who came out against the deal, left the Swiss company doubtful of mustering the two - thirds support necessary for the merger to go through.
Weighing shareholders» expressed preferences against its fiduciary duty to act in the long - term best interest of the Company, the Committee recommended, and the Board has concluded, that the continuity and quality of leadership that results from a classified board contributes to long - term shareholder value and is in the best interests of the Company and its shareholders.
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.
Last year, over a quarter of Clarkson plc's shareholders voted against the company's remuneration report and binding pay policies after CEO Andi Case received a bonus of just under # 3m.
Despite the fact that the majority of shareholders oppose the activist shareholder proposals, because of the current regulatory regime, public companies must dedicate time, and money to defend against them.
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.
More than 60 % of shareholders of one major energy company recently voted — against management's recommendation — in favor of the company reporting on its climate progress.
The board also turned against Patrick Soon - Shiong — who even as he closes on the L.A. Times sale still remains Tronc's second - largest shareholder, with something less than a quarter of the company.
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.
Shares are bundles of rights provided to their owners (shareholders) against the company and its assets.
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..
Further, in an effort to encourage transparency and responsiveness to AGM voting, companies will need to explain what action has been taken to consult with shareholders when more than 20 % of votes have been cast against the board's recommendation.
Knauf, which also has a stake in the construction materials company, had asked shareholders to vote against the board nominees as part of its tactic to get USG (NYSE: USG) to accept its offer.
When the votes were announced, investor discontent was even higher than expected, with shareholders resoundingly rejecting the Company's advisory proposal on the remuneration report — in total, just shy of 60 % of voting shareholders registered against votes at the Company's heated AGM.
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.
On Tuesday this week, T. Rowe Price, which owned 4.4 percent of Dell shares as of September and is the second - largest independent shareholder in the company, also came out against the deal.
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».
But while a statement by the company presents a united front from its 58 shareholders on the sale of the business, AFR Weekend understands that a large portion of the family shareholders have been against selling and still have a great deal of attachment to the company and their ancestor's vision of a geographically and climatically diverse cattle producer.
By entering, all Participants also agree to release, discharge, indemnify and hold harmless the Promotion Entities and their respective parent companies, subsidiaries, their respective representatives and agents, advertising and promotion agencies, promotion partners and prize suppliers, and all of their respective affiliated companies, employees, officers, directors and shareholders, from and against all claims and damages or liability arising in connection with each Participant's participation and / or entry in the Promotion and / or their receipt or use of any prize awarded in this Promotion or due to any injuries, damages or losses to any person (including death) or property of any kind resulting in whole or in part, directly or indirectly, from acceptance, possession, misuse or use of any prize or participation in any promotion - related activity or participation in this Promotion.
The majority of BP's shareholders have voted against CEO Bob Dudley's # 14 million pay package - but the company has chosen to ignore them.
Because dividends are not tax free (as they are in pass through entities once tax on entity level earning has been paid by the owners - which would look politically ugly in a publicly held company context letting people receive millions in dividends and pay not taxes on it), and there is no deduction for dividends paid to the corporation (in most contexts), and there is no tax credit for taxes paid at the corporate level against income tax liability on dividends, the end result is that there is double taxation of corporate profits both when the profits are earned by the corporation and again when they are distributed to shareholders.
the protection of shareholders against discrimination on the ground of their exemption, and external supervision of the process by someone like the Registrar of Companies.
They took down their protection against hostile takeover — but unless 51 % of shareholders sell their shares to the same company, capcom will remain capcom.
The vote was another sign of discontent among shareholders of the controversial company K12 Inc., with governance advisory firm Glass Lewis & Co. citing a «substantial disconnect between compensation and performance results» in its recommendation that shareholders vote against the pay proposal.
Two firms controlled by Cyrus Mistry's family have moved the National Company Law Tribunal against the Tata group, alleging oppression of minority shareholders and mismanagement.
Aleph Investments generally will vote against proposals to move the company to another state less favorable to shareholders interests, or to restructure classes of stock in such a way as to benefit one class of shareholders at the expense of another, such as dual classes (A and B shares) of stock.
Proxies shall be voted in the best interests of shareholders, with an emphasis on voting against any management proposals that act in general to insulate companies from the discipline of the market or accountability to shareholders.
In the end, an AGAINST vote is a rejection of this no bid / no premium takeover of the company... it doesn't change the fact that shareholders deserve & should / will continue to push for a fairer & more sensible return of capital (ideally at a premium & for a larger amount).
Is it really possible that under German law, foreign shareholders of a German company can be discriminated against, even partially expropriated?
Overall, energy stocks may not fully capture oil price moves since companies hedge against some of the volatility, and also make other decisions for shareholder value that may not have direct influence from the oil price.
With any item on the proxy, the current Board of Directors of a company will provide recommendations on what shareholders should vote for and against.
Pursuant to the Plan, the Company is also authorized to dispose of its remaining non-cash assets, on such terms and at such prices as the Company's board of directors, without further shareholder approval, may determine to be in the best interests of the Company and its shareholders, to pay or make reasonable provision to pay all claims against and obligations of the Company, to make such provisions as will be reasonably likely to be sufficient to provide compensation for any claim against the Company which is the subject of a pending action, suit or proceeding to which the Company is a party, to distribute on a pro rata basis to the shareholders of the Company the remaining assets of the Company, and, subject to statutory limitations, to take all other actions necessary to wind up and liquidate the Company's business and affairs.
Despite their prior support for a buyback, the board stated the buyback resolution «as drafted is not in the best interests of the Company and its shareholders», and recommended (without further explanation) that shareholders vote against it.
«In 1990 and 1991, when I took over as president of The Park Hotels,» Paul says, «the issue I faced was how a small «insignificant» hotel company would stand up against the existing large hotel chains, and how it could add value to the group and its shareholders.
Of course these factors are all against the interest of the entire company and they would ultimately harm the interest of our shareholders, so we appreciate your understanding in this respecOf course these factors are all against the interest of the entire company and they would ultimately harm the interest of our shareholders, so we appreciate your understanding in this respecof the entire company and they would ultimately harm the interest of our shareholders, so we appreciate your understanding in this respecof our shareholders, so we appreciate your understanding in this respect.
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