7 DOS 00 DOS v. Flagship Marketing Group - availing of license; failure to cooperate with DOS investigation; jurisdiction; proper business practices; ex parte hearing may proceed upon proof of proper service; DOS retains jurisdiction over party not licensed at the time of the hearing where, at that time the complaint was served, the party was (i) licensed, (ii) an applicant for a license or renewal, or (iii) was eligible to automatically renew; salesperson is prohibited both from owning, directly or indirectly, singly or jointly, any shares
of voting stock in and from being an officer of any licensed real estate brokerage corporation with which the salesperson is associated; representative real estate broker availed the corporate broker license to an associated salesperson where the office was operated by the salesperson without the direct supervision of the representative broker and the salesperson conducted business as a broker for his own benefit; representative real estate broker engaged in fraud by availing the corporate real estate broker license to a salesperson; representative broker's availing of corporate broker's license for which the corporate broker is vicariously liable; failure to provide business records constitutes failure to cooperate with DOS investigation; DOS fails to establish fraud, ignorance or negligence is not sufficient to prove mistake; pressure, regardless of how severe, is not undue influence; restitution denied where funds sought were received by an entity not named or charged in the complaint; corporate broker fined $ 3,000.00, representative broker's license revoked and fined $ 3,000.00 and salesperson fined $ 5,000.00
1919 DOS 07 Matter of Rite Buy Homes - salesperson holds himself out as broker; failure to supply copies; failure to make disclosures; improper ownership
of voting stock; 175.4, 175.7, 175.22; other salesperson avails license; revocation and prohibition on reapplication unless refund unearned commission of $ 11,056 plus interest; one year suspension of salesperson who availed license
BE-10 must be filed by any U.S. person who had direct or indirect ownership or control of at least 10 percent
of the voting stock of a foreign business enterprise at any time during 2014.
The creation of a new nonvoting stock class — a plan that came together this spring — allowed Zuckerberg to pursue his long - term philanthropic interests with his wife, while at the same time maintaining control of the company and avoiding dilution
of its voting stock.
Your policy would also protect any subsidiary for which you own more than 50 %
of the voting stock and any newly acquired organization for 90 days to newly acquired companies.
Many investors believe it is, and they routinely avoid companies with multiple classes
of voting stock.
NASCAR's France family controlled more than two - thirds
of the voting stock of International Speedway, and the two companies shared many of the same individuals among their executive ranks.
He and his dapper little Philadelphia lawyer, Francis W. Sullivan, kept
all of the voting stock.
The 20 - year - old RA 7721 allowed the entry of foreign banks either through ownership of up to 60 per cent
of the voting stock of an existing domestic bank or of a new banking subsidiary or establishment of branches with full banking authority.
U.S. citizen investors own over 75 %
of the voting stock of the Company, of which Cyrus Capital Partners L.P., the largest single U.S. investor owns approximately 40 % as of December 31, 2013 and March 31, 2014 (unaudited).
The restrictions imposed by federal law currently require that no more than 25 %
of our voting stock be voted, directly or indirectly, by persons who are not U.S. citizens, and that our president and at least two - thirds of the members of our board of directors and senior management be U.S. citizens.
In order to comply with requirements under U.S. law governing the ownership and control of U.S. airlines, at least 75 %
of the voting stock of the Company must be held by U.S. citizens and at least two - thirds of the Board of Directors must be U.S. citizens.
Equity ownership of another business that confers the ability to control business activities (generally 50 % or more
of voting stock).
When Facebook staged its initial public offering six years ago, it implemented a dual - class share structure that means Zuckerberg personally controls a majority
of the voting stock even though other investors own the majority of the financial value of the company.
The Redstone family controls nearly 80 %
of the voting stock of Viacom and CBS through their investment vehicle, National Amusements Inc..
As the owner of more than 90 %
of voting stock at the company, Adderley has control over the election of the company's board directors, its advisory Say on Pay vote, and, at the coming May annual meeting, to renew the Kelly's short and long - term compensation plans.
National Amusements in turn controls about 79 percent
of the voting stock in Viacom and 76 percent in CBS — and about 11 percent of the equity in each.
If the business is a corporation, «at least 51 percent of each class
of voting stock and 51 percent of the aggregate of all outstanding shares of stock must be unconditionally owned by an individual (s) determined by SBA to be socially and economically disadvantaged,» stated the Small Business Administration.
Not exact matches
JERSEY CITY, N.J. / BOSTON, May 2 - Goldman Sachs Group Inc leaders said more than 87 percent
of shares were
voted in favor
of its executive pay at its annual shareholder meeting, and that a
stock plan for employees was approved by more than 65 percent
of votes cast.
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 power.
Investors and traders were with the bookies, as the pound rose to the a five - month high on the eve
of the
vote and European
stock markets posted their largest three - day gain in almost a year.
The
stock market has added a quarter to its value since the election, a $ 5 trillion
vote of confidence.
Kalanick owns 10 %
of the
stock and 16 %
of the
voting power.
What happens, according to a paper Martin Schmalz, assistant professor
of finance at University
of Michigan wrote with Jose Azar and Isabel Tecu
of Charles River Associates, is that
stock ownership becomes too concentrated when companies like Blackrock or Vanguard, two large managers
of index funds,
vote the shares
of passive funds.
Einhorn, fund manager for Greenlight Capital, accused Apple
of cash hoarding earlier last week and is encouraging shareholders to
vote against Apple's proxy because he thinks proposition two will kill the option
of Apple issuing preferred
stock.
Italian
stocks fell at the start
of this morning's trading, after populist parties won almost half the
vote in Italy's Sunday elections, and early results suggested the country is heading for a hung parliament due to no party or coalition
of parties meeting the 40 % threshold for stable governance.
Over the past week, two advisory firms recommended TMX Group shareholders
vote in favour
of the proposed merger with the London
Stock Exchange on June 30, and reject the rival takeover offer from the Maple Group.
Redstone remains firmly in control
of Viacom and CBS because both companies issue two classes
of stock,
voting and non-
voting.
Dec 1 (Reuters)- U.S.
stock futures pointed to a reversal
of some
of this week's gains for Wall Street on Friday as a delay in
voting on a Republican tax overhaul kept investors on edge about its passage.
Dec 1 - U.S.
stock futures pointed to a reversal
of some
of this week's gains for Wall Street on Friday as a delay in
voting on a Republican tax overhaul kept investors on edge about its passage.
Stringer, who is leading the effort to
vote down Mylan's current board, oversees New York City pensions that together own more than 1.1 million shares
of Mylan
stock.
(Liberty Media controls 62 percent
of IAC's
voting shares, and about 30 percent
of its
stock).
Dell currently owns 82 %
of VMware
stock, and 97 %
of its
voting interest, thanks to the 2015 Dell / EMC merger.
That means that Zynga will no longer be a «controlled company» with a dual class
stock structure in which Pincus wields 70 %
of the
voting power.
JERSEY CITY, N.J. / BOSTON, May 2 (Reuters)- Goldman Sachs Group Inc leaders said more than 87 percent
of shares were
voted in favor
of its executive pay at its annual shareholder meeting, and that a
stock plan for employees was approved by more than 65 percent
of votes cast.
Wall Street
stock futures are lower this morning over renewed fears for the global economy after some weak Japanese economic data and some routine gloom from the Bank
of England, which is worried, among other things, by the potential impact
of the U.K.'s
vote on whether to leave the E.U..
Often by keeping control with two classes
of stock:
voting shares for founders and original investors, and non-
voting for everyone else.
After the Brexit
vote, U.K. multinationals»
stocks soared as the value
of the pound plunged.
A
vote of confidence from Berkshire Hathaway helped send the market value
of a recently down - in - the - dumps
stock up by $ 1 billion overnight.
Indeed, those
stocks had been on a tear earlier this year, with Facebook shares up as much as 25 % a couple
of weeks before the election — but then the FANG
stocks suddenly «rolled over,» Gundlach said, falling 10 % as a group as the
vote approached and the presidential race got narrower.
Because Dell's 16 percent stake isn't included in the special
vote, the leveraged buyout must be backed by slightly more than 42 percent
of Dell's outstanding
stock.
Gaining Shari's
voting stock — which amounts to close to 16 percent
of the
votes in both Viacom and CBS and is held by National Amusements — would simply add to Sumner's already ironclad control
of both companies.
But the
stock quickly turned lower, with analysts flagging widening losses, slowing user growth and lack
of voting rights for outside investors.
Since it launched the original offer, Gannett's
stock price (GCI) has lost more than 50 %
of its value, as investors
voted with their feet on the chain's proposed merger.
The S&P 500 has climbed more than 4 percent this year, but investors have fled
stocks for short periods
of time after events like Britain's
vote to leave the European Union — the so - called Brexit.
For example, despite the fact that more than 85 %
of outsiders (average shareholders)
voted AGAINST the creation
of a third class
of stock (class C) in 2012, the weight
of the insiders» 10
votes per share allowed the passage
of this proposal.
Please note that since brokers may not
vote your shares on «non-routine» matters, including the election
of directors (Proposal Number 1), the proposal to amend Alphabet's 2012
Stock Plan (Proposal Number 3), and each
of the stockholder proposals (Proposals Number 4 through Number 10), in the absence
of your specific instructions, we encourage you to provide instructions to your broker regarding the
voting of your shares.
Please note that since brokers may not
vote your shares on «non-routine» matters, including the election
of directors (Proposal Number 1), the proposal to amend Google's 2012
Stock Plan (Proposal Number 3), and each
of the stockholder proposals (Proposals Number 4 through Number 8), in the absence
of your specific instructions, we encourage you to provide instructions to your broker regarding the
voting of your shares.
«10 - Percent Stockholder» means an individual who owns more than 10 %
of the total combined
voting power
of all classes
of outstanding
stock of the Company or
of its parent corporation or subsidiary corporation (as defined in Code Sections 424 (e) and (f)-RRB-.
In such filing, The Vanguard Group lists its address as 100 Vanguard Blvd., Malvern, PA 19355, and indicates that it has sole
voting power with respect to 10,208,579 shares
of Apple's common
stock, sole dispositive power with respect to 322,573,028 shares
of Apple's common
stock, and shared dispositive power with respect to 332,239,563 shares
of Apple's common
stock.