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 respec
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 respec
of the entire
company and they would ultimately harm the interest
of our shareholders, so we appreciate your understanding in this respec
of our
shareholders, so we appreciate your understanding in this respect.