It has to be that when the institution fails that it's
borne by the shareholders, then their debt - holders, but not ultimately the taxpayers.
«It is much easier for the S.E.C. to settle for very high penalties which are
borne by the shareholders,» he said.
However, we do believe that annual reports should include a breakout of total commissions paid, average commissions per share, and disclosure about soft - dollar arrangements, trailing fees and other costs
borne by shareholders (at present, this is considered «non-standard information»).
Not exact matches
According to the Financial Times, «JPMorgan executives are particularly concerned at the disappointment felt
by Bear's rank and file, many of whom are
shareholders, at the low takeover price.»
Bear's stock is selling at more than $ 2 for two reasons - one is that the market evidently believes there is some chance for the deal to be busted, either
by Congress or
by shareholder rejection.
If there's not a single buyer that will take on both the assets and liabilities without the government assuming private default risk,
Bear's assets should be put out for bid,
Bear's bonds should go into default, and
by the unfortunate reality of how equities work,
Bear's
shareholders shouldn't get $ 2 - they should get nothing.
Both sides may wish to instruct legal counsel to assist in the final negotiation and drafting of
Shareholder Agreements, etc, and if for any reason the deal does not close then our Members» legal costs will be
borne by us.
«Management has paraded a constantly shifting set of priorities before the company's
shareholders, seemingly unbowed
by the failure of most if not all of them to
bear fruit,» Voce's presentation reads.
(As is common in the fund industry, but not well publicized, Whitebox pays these brokerages to do so — an expensive
borne by the Advisor and not fund
shareholders.)
A large - scale redemption
by another feeder fund may increase the proportionate share of the costs of the Master Portfolio
borne by the remaining feeder fund
shareholders, including the Fund.
Then something happens: the fund falls out of favor, all the hot money is flying out, the PM is now selling what he can to meet redemption requests with those costs again impacting the departing
shareholders, but also being
born by the long - term
shareholders.
Around $ 77 mm was paid
by executives of Research in Motion — do you have a view on the likelihood of Tai and Cornish
bearing the brunt of the fine rather than the
shareholders?
0.01 % is attributable to
shareholder meeting expenses
borne by the Fairholme Fund outside of the normal 1.00 % management fee.
In such cases, I calculate after minority adjustements for any positive cash flow line (operating etc.)» but assume the debt and interest expense etc. has to be
borne by the ultimate
shareholder.
But
by their very nature, «
boring» companies like these have the potential to generate enough cash to pay
shareholders throughout practically any kind of market environment.
Bear's stock is selling at more than $ 2 for two reasons - one is that the market evidently believes there is some chance for the deal to be busted, either
by Congress or
by shareholder rejection.
If there's not a single buyer that will take on both the assets and liabilities without the government assuming private default risk,
Bear's assets should be put out for bid,
Bear's bonds should go into default, and
by the unfortunate reality of how equities work,
Bear's
shareholders shouldn't get $ 2 - they should get nothing.
Each share class represents an interest in the same assets of the Funds, has the same rights and is identical in all material respects except that (i) each class of shares may be subject to different (or no) sales loads, (ii) each class of shares may
bear different (or no) distribution fees; (iii) each class of shares may have different
shareholder features, such as minimum investment amounts; (iv) certain other class - specific expenses will be
borne solely
by the class to which such expenses are attributable, including transfer agent fees attributable to a specific class of shares, printing and postage expenses related to preparing and distributing materials to current
shareholders of a specific class, registration fees paid
by a specific class of shares, the expenses of administrative personnel and services required to support the
shareholders of a specific class, litigation or other legal expenses relating to a class of shares, Trustees» fees or expenses paid as a result of issues relating to a specific class of shares and accounting fees and expenses relating to a specific class of shares and (v) each class has exclusive voting rights with respect to matters relating to its own distribution arrangements.
The Funds» distributor and other entities are paid under the Plans for services provided and the expenses
borne by the distributor and others in the distribution of Fund shares, including the payment of commissions for sales of the shares and incentive compensation to and expenses of dealers and others who engage in or support distribution of shares or who service
shareholder accounts, including overhead and telephone expenses; printing and distribution of prospectuses and reports used in connection with the offering of the Funds» shares to other than current
shareholders; and preparation, printing and distribution of sales literature and advertising materials.
The Board has concluded that each of the trustees should initially and continue to serve on the Board because of (i) his or her ability to review and understand information about the Trust provided to them
by management, to identify and request other information they may deem relevant to the performance of their duties, to question management regarding material factors
bearing on the management of the trust, and to exercise their business judgment in a manner that serves the best interests of the trust's
shareholders and (ii) the trustee's experience, qualifications, attributes or skills as described below.
The Plan enables the fund to
bear expenses relating to the provision
by financial intermediaries, including Schwab (together, service providers), of certain
shareholder services to the current
shareholders of the fund.
«We also believe there are significant operational efficiencies we can bring to
bear by leveraging FNF's shared services infrastructure that will provide meaningful long - term value creation opportunities for our
shareholders.»