Sentences with phrase «former shareholders of the company»

Not exact matches

But the trade - off of this focus on shareholder value is spending that benefits other stakeholders, like employees and customers, said Bill George, the former CEO of medical - device company Medtronic.
Former CEO Arthur T. Demoulas has demonstrated that a company should serve all of its stakeholders — that is, workers, employees, shareholders and the community.
In 2017, after years of failure, shareholders at my former employer, Exxon Mobil, passed a resolution calling for the company to outline its plans for dealing with climate change.
After witnessing a 95 % decline in the pharmaceutical company's share price amid a series of scandals, Valeant's board, led by former shareholder and hedge fund manager Bill Ackman, smartly tied Papa's compensation to a recovery in the stock price.
«We do believe the current governance structure, with Jamie Dimon serving as both chairman and CEO, and an independent minded board, has served the shareholders well and is right for the company at this time,» said Lee Raymond, JPMorgan Chase's presiding director and the former CEO of Exxon Mobil.
At Ford's annual shareholder meeting in May, a frustrated investor even asked about bringing former CEO Alan Mulally out of retirement to boost the company's share price.
Kresta Holdings chairman Peter Hatfull and major shareholder and former chairman Ian Trahar have lost their battle to retain control of the Malaga - based window furnishing company.
Some of the proceeds of the IPO will go to repay outstanding debt Zipcar owes to financial instutitutions, and «approximately $ 5.0 million to repay amounts owing to certain former shareholders of Streetcar» as well as a portion of the net proceeds to invest in «companies, technologies, services or assets that complement our business.»
On top of that, a former Mallinckrodt employee and shareholder is also suing the company for failing to disclose that 60 % of its revenue comes from Acthar.
Dauman and Shari Redstone, the daughter of controlling shareholder and former chairman Sumner Redstone, are currently embroiled in a high - stakes legal battle over control of the 93 - year - old media mogul's companies.
The main shareholders in the company are Nicolas Bonta (28 %); Emiliano Grodzki (30 %), who is a director of the company and its chief strategy officer; and Roy Sebag (23 %), the company's founder and former controlling shareholder, who last week ceased to be its CEO and also resigned from its board of directors.
And a # 1.65 m townhouse in Kensington is shown as belonging to a BVI company whose sole shareholder is Folorunsho Coker, former head of the number plate production authority of the state of Lagos and currently business adviser to the governor of Lagos.
The commission was very clear on the issue with regards to the Finance Minister as been a former shareholder, beneficiary of several companies in the securities market and more importantly a former director to some of these companies and his interest to see these institutions attain a certain growth within that sector has the Potential to Conflict with the interest of the State.This revelations by the commission is very serious with its potential risk alerted is enormous to affect the securities sector of the country.
In the final stage of product development, all former shareholders sold their interest in the company because they had lost faith in the new strategy.
From the perspective of a former shareholder of the Swiss construction company Holcim, the new company LafargeHolcim has a lot to prove after the merger with its French rival Lafarge in 2015.
MMI Investments, DHT's largest shareholder, is calling for DHT to reinstate the company's dividend and appoint Robert N. Cowen, a «shipping industry veteran with over 30 years of experience including with DHT's former parent company, Overseas Shipholding Group, Inc., to the DHT Board of Directors.»
If you have found a record on our unclaimed money search in the name of a deregistered company and you are a former shareholder or officeholder, you may have a claim to the money.
Former parent company Viacom later sued the former shareholders of Harmonix for a refund of $ 131 million in bonuses that were previously paid out to the deveFormer parent company Viacom later sued the former shareholders of Harmonix for a refund of $ 131 million in bonuses that were previously paid out to the deveformer shareholders of Harmonix for a refund of $ 131 million in bonuses that were previously paid out to the developer.
Just before the studio was sold to Sony in 2005, Martin moved to former shareholder Media Republic, a cross media entertainment company, where he was involved in all kinds of gaming, online and mobile initiatives.
The former consists mainly of small - scale litigation work, including contentious insolvency business, commercial and minority shareholder disputes and Companies Court applications, along with advisory work for smaller firms.
Appearing for and advising former directors of a company in relation to numerous allegations of fraud and breach of fiduciary duty by former shareholders and the purchasers of the company.
According to a former Imasco executive, the company was deeply involved in the smuggling of product to ensure it kept its Canadian smokers inexpensively supplied and also recouping value for shareholders.
Priya is currently representing the former shareholders of Yukos Oil Company in relation to the enforcement in England of a US$ 50 + billion arbitration award against the Russian Federation.
Representing the former shareholders of a wholly owned subsidiary of a publicly traded company in multimillion - dollar litigation stemming from a merger transaction.
In this case shareholders started a negligence action against former auditors of their company.
The District Court of the Hague overturned a record $ 50 billion in damages awards issued by the Permanent Court of Arbitration («PCA»), to the former controlling shareholders of the Yukos Oil Company on the grounds that Russia had not submitted itself to the PCA's jurisdiction.
California Court of Appeal rules for defendants in a shareholder derivative action brought by the former CEO of a company, who alleged his company should have sued the defendants for perceived business torts.
Pearson, Simon & Warshaw, LLP (PSW) brought an action for breach of fiduciary duty owed to creditors and shareholders against the former officers and directors of Tripath Technology Inc., a high - tech public company that filed for bankruptcy in 2007.
A «complainant», in addition to being a current or former shareholder, director or officer of the company, is defined in s. 245 of the OBCA to include:
Advising joint liquidators of a number of companies about land bank frauds perpetrated by the former directors and shareholders of allied companies.
The international character of BitRush's business was reflected in the identity of the Respondents, who were: 1) BitRush's CEO, an Austrian resident; 2) a former BitRush board member, also an Austrian resident; 3) BitRush's majority shareholder, a UK company; and 4) another Austrian resident.
Former shareholders of Dole Food Co. seek award from court for shortchange in company deal, Reuters
Settlement at mediation of a claim for unfair prejudice and a counterclaim between the continuing directors and majority shareholders of a precision engineering company, and a minority shareholder and former director
In In re Massey Energy Company Derivative and Class Action Litigation, the Delaware Court of Chancery recently dismissed shareholders» derivative and putative direct claims alleging that Massey's former directors and officers caused...
Representing the former shareholders of Yukos Oil Company in English proceedings to enforce a US$ 54 + billion arbitration award against the Russian Federation.
Weil successfully represented Francesca's Holdings Corp. — a former portfolio company of CCMP that operates retail clothing stores in the United States — and its directors and officers in a shareholder class action arising out of disclosures concerning future sales and revenue projections, including section 11 claims brought in connection with three offerings during the alleged class period.
Faraday Future never secured any major funding from other sources mainly because YT — the company's largest shareholder — didn't want to relinquish his tight grip over the company, a number of former employees have told The Verge.
While the wife was ambivalent about being divorced and still working at the same company with her former husband, a neutral business attorney was retained on behalf of the company to help explore what a comprehensive shareholder agreement in this situation might look like.
Paul D. Johnson has acquired shares in the company, while Gregory Clarke, former broker / owner of Royal LePage Village (Dollard - des - Ormeaux), will remain a shareholder in the brokerage.
In the former, you are a shareholder in a company that owns or has a registered long lease over a property and through a use agreement, the company gives you the right to live in part of the property.
Mills is facing several shareholder lawsuits related to its restatement of financial reports from 2000 to 2005, including one by the company's founder and former CEO Herbert S. Miller.
In interviews this week, former Obama White House and Treasury officials also rejected the shareholders» characterization of the material, standing behind their long - stated reasoning for the so - called «sweep» of the companies» profits to the Treasury.
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