Sentences with phrase «directors on behalf of shareholders»
Pursuing claims against directors on behalf of shareholders where there has been questionable conduct by the directors (known as derivative actions)
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There is room for governance lawyers who are unambiguously there to act only for directors, on behalf of shareholders, much like auditors and compensation consultants.
The comptroller's office on Monday announced what is known as a derivative lawsuit that allows shareholders to file legal actions on the behalf of a corporation when its officers or directors have failed to meet their required fiduciary responsibilities.
TORONTO, Sept. 6, 2011 / CNW / — Jaguar Financial Corporation («Jaguar»)(TSX: JFC), a shareholder of Research In Motion Limited («RIM» or the «Company»), on behalf of itself and other supportive shareholders, today called upon the Directors of RIM to establish and carry out a formal process for the maximization of shareholder value.
A Board Resolution, or Corporate Resolution, is a way of documenting a decision made by a Corporation's Board of Directors or Shareholders on behalf of the Corporation.
Defending technology company and its board of directors in multimillion dollar PA state court action brought by founder / consultant / shareholder alleging claims for breach of fiduciary duty, breach of contract, and rescission; prosecuting action in NJ federal court on behalf of executive terminated in breach of his employment agreement; defending companies and their majority owners in numerous state court actions throughout NY and NJ alleging breach of contract and fraud; defending company in connection with DOL investigation regarding misclassification of employees; defending health - tech entrepreneur in connection with DOL investigation regarding unemployment insurance fraud; counseling global company and its US subsidiary in connection with various employment law matters; and negotiating numerous separation agreements.
Rolfe v Rolfe (2010)[2010] 2 BCLC 525 Appeared in a High Court trial on behalf of a shareholder in relation to a dispute over the composition of the board of directors of a company.
One way to avoid breaching your fiduciary duties is to ensure that Board Resolutions are created each and every time a major decision is made by the board of directors or shareholders on the company's behalf.
That suit said women only hold two of nine seats on Ogletree Deakins» board of directors and alleged $ 100 million in underpayment on behalf of about 100 non-equity shareholders nationwide.
Where a shareholder, director, or officer of a close corporation has violated duties to the corporation itself, any shareholder or director may bring a derivative suit on behalf the corporation.
William Brannigan v (1) Spencer Style (2) David Pears (3) Mark Pears (4) Trevor Pears (5) Portobello Estates Ltd [2016] EWHC 512 (Ch) Successfully opposed a minority shareholder's application to continue a derivative claim on behalf of the company against four of its directors.
Members of the Team are instructed on behalf of companies, their shareholders and directors, in matters involving both public and private companies, from members of the FTSE 100 to single shareholder - director companies.
A corporate director or shareholder brought a derivative action on behalf of the company when an alleged wrong happened to the company rather than its shareholders.
Charney Lawyers has commenced a class action lawsuit on behalf of all dismissed IQT Solutions employees against the officers, directors, shareholders and affiliated companies of IQT, Ltd..