Sentences with phrase «from shareholder class»

Facing well over $ 150 billion — yes, billion — in exposure from shareholder class actions arising from questionable investments and allegedly misleading analyst recommendations, Citi needed lawyers who could not only excel at what special counsel P.J. Mode calls «the nuts and bolts» of motions practice, courtroom arguments and trial work, but could also provide something extra: «a very mature, very developed strategic sense,» says Mode.

Not exact matches

In November 2009, Facebook's board of directors voted to establish a dual - class stock structure, moving the existing shareholders stock from Class A to Class B shares, which carry 10 times the voting pclass stock structure, moving the existing shareholders stock from Class A to Class B shares, which carry 10 times the voting pClass A to Class B shares, which carry 10 times the voting pClass B shares, which carry 10 times the voting power.

He gave it a name and a face: a modern Robin Hood helping the working class by stealing from himself — and perhaps from shareholders of other companies whose bosses are now also putting employees ahead of profits: #imwithdan!

Now, the scandal has prompted the departure of CEO Pierre Duhaime, shaved 25 % from the company's stock price this year, and spawned at least two shareholder class - action lawsuits.

More recently, however, a few cases in the U.S. of much higher pay have drawn some criticism from shareholders (including several class action lawsuits).

Institutional Shareholder Services Inc. found that, from 2002 to 2012, companies with multiple share classes underperformed their peers over three -, five - and 10 - year periods.

This is for mutual funds with share classes decided when shareholders pay the fund's load or sales charge, Class - B shares carry a deferred sales charge during a five - to 10 - year holding period intended from the time of the initial investment.

Also it complains about Simon's «opaque disclosure and disenfranchising dual - class capital structure,» which is maybe a bit rich since Macerich simultaneously adopted a poison pill and staggered board to prevent its own shareholders from voting on Simon's offer.

«Major companies including Cisco Systems, Pfizer Inc. and Coca - Cola Co. say they'll turn over most gains from proposed corporate tax cuts to their shareholders, undercutting President Donald Trump's promise that his plan will create jobs and boost wages for the middle class.

On January 19th, 2016, a federal judge preliminarily approved a class action settlement on behalf of JPMC shareholders who alleged suffering losses as a result of the bank's supplying false and misleading statements concerning the risks and losses arising from the secret proprietary trading activities of the «London Whale,» a rogue London - based JPMC trader who caused the bank to suffer $ 6.2 billion in losses.

1) Ten years without a significant trophy yet the Manager is never questioned 2) Selling off key «World beater» Players season after season and replacing them with mediocre at best replacements 3) Keeping a 33 % shareholder who is one of the world's richest men AND a true football fan as far away from the board as possible 4) Charging possibly the highest prices in Europe but NOT reinvesting within the team in any really significant way 5) Classing 4th place in the EPL as a trophy 6) Boasting of a # 100 million war chest for transfers then quibbling over a few hundred thousand on deals.

DiNapoli said he will seek to lead the class action against BP to give the fund and other investors their best chance at recovering damages sustained from the decline in shareholder value subsequent to the Deepwater Horizon explosion and oil spill.

The G - class was developed as a military vehicle from a suggestion by the King of Iran (at the time a significant Mercedes shareholder) to Mercedes [5] and offered as a civilian version in 1979.

First Asset Global Momentum Class ETF (TSX: FGL) The First Asset Global Momentum Class ETF's investment objective is to seek to provide shareholders with long term capital appreciation, through investing the ETF's portfolio to gain exposure to equity securities of companies primarily from developed markets that exhibit strong price and earnings momentum characteristics.

First Asset Global Momentum (CAD hedged) Class ETF (TSX: FGM) The First Asset Global Momentum (CAD hedged) Class ETF's investment objective is to seek to provide shareholders with long term capital appreciation, through investing the ETF's portfolio to gain exposure to equity securities of companies primarily from developed markets that exhibit strong price and earnings momentum characteristics.

First Asset Global Value Class ETF (TSX: FGU) The First Asset Global Value Class ETF's investment objective is to seek to provide shareholders with long term capital appreciation, through investing the ETF's portfolio to gain exposure to equity securities of companies primarily from developed markets that exhibit strong «value» characteristics like low price - to - book ratios and low price - to - cash flow ratios.

In many companies with a single share class and one vote per share, the management may own more than 50 % and be seen as insulated from independent shareholder pressure.

The folks at Seafarer argue that they would like as many shareholders as possible to benefit from lower expenses, so they're trying to manage an arrangement by which their institutional share class might actually be considered the «universal» share class.

Spanish flag - carrier Iberia is heading for its first annual years in 13 years as a fall in business class traffic and a price war in economy erode margins.Chief executive Fernando Conte warned shareholders that passengers travelling business had fallen 20 percent year - on - year due to a sharp fall in business travel on its routes from Madrid to London and Latin America.

It is widely anticipated that the number of class actions brought around the world will continue to grow, driven by the globalisation of litigation funders and the increasing appetite from funders and plaintiff law firms to develop new claims outside shareholder class actions.

Did a good word from Enron shareholders, now involved in class action litigation against Enron that has been aided by Fastow's continued cooperation make a difference, as noted in Peter Lattman's WSJ Law Blog post?

Drawing on attorneys from across practice areas and offices, Weil has developed an impressive track record advising with respect to shareholder claims and demands for litigation, internal whistleblower complaints, class and collective actions brought by employees relating to pay, worker classification, and discrimination claims, product liability issues and recalls, privacy rights, intellectual property disputes (patents, trademarks, copyrights, and trade secrets), regulatory investigations commenced by the U.S. Federal Trade Commission, U.S. Department of Labor, U.S. Department of Justice, and state attorneys general, and major disputes with suppliers and competitors.

Therium invests in a broad range of complex commercial disputes, from securities and shareholder actions, international arbitration, competition and anti-trust cases, through to intellectual property, insolvency and group and class actions.

Notable mandates: Acted for Soltoro Ltd. in connection with its successful disposition by plan of arrangement to Agnico Eagle Mines Ltd.; co-counsel for Trillium Motor World Ltd. in class action against General Motors of Canada Ltd. and Cassels Brock & Blackwell LLP; acted for Canadian Solar Inc. in connection with raising an aggregate of US$ 50 million in equity and US$ 100 million in debt financing for acquisition financing and working capital purposes; external counsel to the Regional Municipality of York, providing a wide range of municipal, real estate, expropriation, litigation, and commercial law advice and services; counsel to minority shareholder of a Nevis LLC worth more than US$ 500 million with respect to a claim for relief from unfair prejudice in litigation in Nevis and the Commercial Division of the Eastern Caribbean Supreme Court in British Virgin Islands, and in contemporaneous related actions in Belize and the United States.

The well - known Shell settlement of 2008 resembled the IMAX case in recognizing a global class of shareholders from a corporation based in the court's home country.

Serving as lead counsel for AIG in shareholder class and derivative litigations arising from the 2008 financial crisis.

Those include a suit from a Facebook shareholder who is seeking class - action status, claiming he and other company shareholders have suffered losses and damages since the Cambridge Analytica news was first reported, and another from a woman seeking class - action status over Facebook and Cambridge Analytica's alleged improper data collection.

Although he had resigned from those positions for unrelated reasons, he remained a significant minority shareholder of a certain class of convertible preferred shares.

From a financial standpoint, these changes had the effect of benefiting Wilson and Black as shareholders, while simultaneously diluting the value of the class of shares held by Alharayeri in a significant way.

On May 27, it was slammed with a second class - action lawsuit from its shareholders — one that extends over a longer time period than a lawsuit filed earlier last month.