Sentences with phrase «as shareholders of the firm»

Southfield, Mich. — Brooks Kushman is pleased to announce the election of Benjamin C. Stasa and Michael D. Turner as shareholders of the firm.

Not exact matches

«There's a lot of blame to go around,» says the shareholder, who requested anonymity as the firm has a policy not to comment publicly on its holdings.

Failing to hit its projections in its first few quarters as a public company would trigger shareholder lawsuits and cripple Spotify's ability to raise further capital, said Steve London, a partner in the securities practice of law firm Pepper Hamilton.

But at the end of the day, many of them work for firms that have a vested interest in making as much money as possible for themselves and their shareholders — not for you, their client.

«On a general level, there can be practical barriers to pursuit of a criminal case, such as the victim company's fear of embarrassment, reputational damage, or the perceived risk — real or not — that their trade secrets will be exposed in a court proceeding,» said Brooke French, shareholder at law firm Carlton Fields.

The critique doesn't only come from the left; there are plenty of hard - nosed investment firms that are agitating to clamp a lid on ever - growing CEO pay, arguing that it's a poor use of shareholders» money and distorts performance as CEOs start managing to their pay metrics instead of longer - term growth.

Remember also that the buyout group bid won the endorsement of proxy advisory firms Institutional Shareholders Services and Glass Lewis & Co., as well as rating agency Egan - Jones Rating Co..

He structured his new firm in a completely novel way — as a «mutual mutual fund,» or an investment company that would be owned by its member funds and operated wholly in the interest of its shareholders.

ISS is expected to publish its view on whether Michael Dell's offer, which is backed by equity financing from buyout firm Silver Lake, is in the interest of Dell's shareholders as early as next week.

Besides Mr. Drexler, major (5 % or greater) shareholders in the firm, as of the annual proxy in April, include FMR LLC (which includes the Fidelity Contrafund), Baron Capital Group, BlackRock, and T Rowe Price, all of whom voted in favor of the directors up for election as well as the other management proposals — and Columbia Wanger Asset Management (whose parent Ameriprise, did not return requests for information).

Preliminary results from the Annual Meeting of Shareholders held today indicate that the company's 12 director nominees were re-elected to one - year terms and that shareholders ratified the selection of KPMG LLP as Pfizer's independent registered public accounting firm for the 2018 Shareholders held today indicate that the company's 12 director nominees were re-elected to one - year terms and that shareholders ratified the selection of KPMG LLP as Pfizer's independent registered public accounting firm for the 2018 shareholders ratified the selection of KPMG LLP as Pfizer's independent registered public accounting firm for the 2018 fiscal year.

Pushing the company to accept an offer from a firm such as Valeant, with a history of value destruction, is a disservice to current shareholders not an unlocking of value.

The five shareholders who demanded Mr. Kalanick's resignation include some of the technology industry's most prestigious venture capital firms, which invested in Uber at an early stage of the company's life, as well as a mutual fund firm.

That sounds good as a headline but it's not really true, says Brad Allen, of Branav Shareholder Advisory Services Inc. «People continue to reinforce this image that proxy firms have all this power.

These proposals do not affect law firms as much as other businesses given the restrictions on who can be a shareholder of a law practice.

Songa's biggest shareholder, Perestroika, owned by Norwegian investor Frederik Wilhelm Mohn, would become the largest shareholder in Transocean as a result of the acquisition with a stake of about 12 percent, the firms said.

The firm has not only been our largest shareholder, but also a great champion, supporting a bold vision, leading our Board of Directors as we achieved each milestone and addressed every opportunity in building a platform that redefines the targeting of infectious disease.

As manager of the firm's Corporate Governance Consulting Group with over 30 years of experience in the field, Bill has guided companies through a wide range of governance and takeover challenges, including contentious shareholder proposals and compensation - based initiatives, proxy contests, tender offers, and other corporate control matters.

[23] Likewise, shareholders in different tax brackets are likely to disagree about such matters as dividend policy, as are shareholders who disagree about the merits of allowing management to invest the firm's free cash flow in new projects.

For auditors of public interest entities, such as banks, insurance companies and listed companies, the committee agreed that audit firms would have to provide shareholders and investors with a detailed understanding of what the auditor did and an overall assurance of the accuracy of the company's accounts.

A study of S corporations (small firms with 100 or fewer shareholders who are taxed as a partnership) found that those with ESOPs had higher average employment growth in the 2006 - 2008 pre-recession period than did the economy as a whole, and they also had faster growth following the recession from 2009 to 2011.

This dilution is an issue in publicly traded stock market firms, but it has been historically addressed by keeping the size of the ESOP modest compared to the rest of shareholders (most ESOPs in stock market companies are under 20 %) and by establishing a corporate culture where employee stock ownership is likely to increase the performance of the firm so as to offset the modest dilution of profits per share of non-employee shareholders.

One of the tricks that large LBO firms use is to purchase at just enough of a «premium» to essentially force a sale as the company board has to satisfy their fiduciary responsibility to shareholders....

McBee said that with a publicly traded company he has a fiduciary duty to his shareholders to prioritize profits at the firm even as a groundswell of change engulfs the telecommunications industry.

He has been instrumental in some of the Firm's biggest successes, such as In re Comverse Technology, Inc., in which Pomerantz obtained one of the largest recoveries for shareholders from an individual; and In re Chesapeake Shareholder Derivative Litig., which came to fruition thanks to Mr. Gross» diligence in pressing for the case to be heard on appeal.

In an alert to clients, attorneys from the law firm Olshan describe the scope of the legislation as «unduly burdensome, excessive and inequitable,» and warn that «it could have a chilling effect on shareholder activism and proxy advisory work that have a specified presence in Texas, which, in turn, would help entrench management and the Boards of underperforming Texas - based companies.»

One of Hudson's Bay's shareholders, the real estate investment firm Land and Buildings Investment Management, has pushed for the company to sell the Saks store, suggesting that it might be desirable to a hotel developer or as a brick - and - mortar space for the online giant Amazon.

In its view, the company's repeated strategy shifts, missed expectations and what it characterizes as «undue optimism» have resulted in an erosion of management credibility, and by extension, shareholder value at the storied Wall Street firm.

The corporate research firm classified just three of the company's 11 board members as independent, noting that «many directors hold interlocking directorships with companies largely controlled by dominant shareholder John Malone,» who is the chairman of Liberty Media Corp..

Michael Smith The performance of Treasury Wine Estates over the past year has had more than a few shareholders reaching for the bottle so it should not be a huge surprise that an opportunistic private equity firm has as come knocking.

As he wrote in Forbes, he thought these firms were better off dead than alive from the viewpoint of shareholders.

Calculated by starting with a firm's total outstanding shares and subtracting a) closely - held shares (major shareholders and employee) and b) restricted stock (insider shares that can not be traded because of a temporary restriction such as the lock - up period after an initial public offering).

Their target investments include a number of firms whose share prices might be influenced by high insider buying, spun - off divisions, reduced float, and targeting by activist shareholders, as well as your basic «good buys.»

When a company carries out a spinoff, it sets up one of its subsidiaries or divisions as a separate firm, then hands out shares in the new company to its own shareholders.

NEW YORK, March 23 / PRNewswire / — Biotechnology Value Fund, L.P. («BVF») today announced that PROXY Governance, widely recognized as a leading independent proxy advisory firm, has recommended that shareholders vote for all BVF Proposals on the GOLD proxy card for the special meeting of Avigen, Inc. (Nasdaq: AVGN — News) to be held on March 27, 2009.

In theory, fund directors fulfill the same general role as the directors of public companies, with broad powers to safeguard shareholder interests — including, if necessary, firing the advisory firm running the fund.

Ultimately, if consumers, regulators, legislatures, shareholders, or the public at large disapprove sufficiently of an activity, it may become impossible for a firm to remain in business, or at least to continue business as usual.

Most notably, Sean led the firm's representation of over 1,200 Enron employees and shareholders for losses they sustained as a result of the company's collapse, and was lead counsel for the firm's work on behalf of women who developed breast cancer as a result of hormone replacement therapy.

Interviewees praised the firm's lack of hierarchy: «You have close contact with the partners — or shareholders as we call them — and they respect your views.

Greenberg Traurig's latest lateral hire is shareholder LARRY KANUSHER, who joins the firm's entertainment and media practice after 19 years with Sony, most recently as senior vice president of business and legal affairs for Sony Music Entertainment's global digital business.

Heather King joined KoonsFuller in 2007 as a Shareholder and manager of the firm's Southlake Office.

As CEO and Managing Shareholder of KoonsFuller, P.C., he has grown the firm into one of the nation's largest that handles exclusively family law cases in five Texas locations.

As well, LAWPRO can look to the partner (s) / shareholder (s) of the law firm the lawyer was at as of the date of the claim for payment of the deductiblAs well, LAWPRO can look to the partner (s) / shareholder (s) of the law firm the lawyer was at as of the date of the claim for payment of the deductiblas of the date of the claim for payment of the deductible.

Christopher M. Placitella is a shareholder in the law firm and an accomplished trial lawyer with a nationwide reputation as one of the country's leading legal authorities on mass tort, class actions, and cases about asbestos - related diseases.

The deal represents the first time non-lawyers will stand to profit from a law firm as shareholders and is more than double the size of that proposed by Perth firm Integrated Legal Holdings last year, which is still pending regulatory approval.

I hope that they will be employee shareholders with a fixed salary and bonuses based on a balanced scorecard of meeting personal goals and the firm meeting its corporate goals — hours churned out will no longer be seen as a legitimate metric.

Apparently, a woman partner's decision to spend time at the office instead of family earned her criticism from other firm shareholders, as reported in this article, Lawyer Sues Her Downtown Firm (11/11/firm shareholders, as reported in this article, Lawyer Sues Her Downtown Firm (11/11/Firm (11/11/06).

SOUTHFIELD, Mich. — Brooks Kushman is pleased to announce Shareholder Elizabeth (Libby) Janda has recently been appointed to serve as the new Chair of the firm's trademark practice.

Brownstein Hyatt Farber Schreck is pleased to announce the addition of Jonathan Bloch as a shareholder in the firm's Los Angeles office.

Global law firm Greenberg Traurig, LLP is pleased to announce the addition of Gary Stiffelman, who is joining the firm as a shareholder in the Entertainment & Media Practice.