Sentences with phrase «represent shareholder interests»

Not exact matches

In a statement, Viacom lead director Salerno, among the directors targeted for removal, called Thursday's action a «brazen and demonstrably invalid attempt» by Shari Redstone «to gain control of Viacom and its management in disregard of Sumner Redstone's wishes,» at odds with the board's efforts «to represent the best interests of all of the shareholders of Viacom.»
Additionally, there are several other related party transactions involving Walton family members and Wal - Mart executives, that raised concerns regarding the effectiveness of our board in representing the interests of us, the minority shareholders.
They've charged that Tribune chairman Michael Ferro isn't representing the interests of all shareholders, as a leader of a...
The committee said it would also summon the Treasury minister responsible for representing the public interest in RBS due to the fact that the government was the majority shareholder.
Should the Board have any question that the plan outlined above is in the best interests of shareholders, and that any attempts to pursue an alternative course of action would be over the objection of your stockholders, then we urge you to call a Special Meeting to allow the shareholders to reinforce our own conclusions and those suggested in correspondence from shareholders representing 65 % of NTI stock.
The shareholders represent the owners of the company and decisions are made in the best interest of those owners.
In addition, every mutual fund has a board of directors that is supposed to represent the shareholders» interests, rather than the AMC's.
Also referred to as net worth as it represents the ownership interest of common and preferred shareholders in a company.
A balance sheet item that represents the excess of the company's assets over its liabilities and shows shareholder's interest in the company.
If the board of directors can not truly align the interests of management, the board and the broader shareholders, you will be left with consistent shareholder turnover and a stock price that continues to lag, as no long - term investors will be willing to commit their capital to a partner they can not trust to truly represent their interests.
Furthermore, I feel my 5 % ownership in the company's common stock uniquely positions me to represent the interests of outside shareholders.
However, if more than 15 % of Fund assets (defined as net assets plus the amount of any borrowing for investment purposes) are illiquid, the Fund's investment adviser will reduce illiquid assets such that they do not represent more than 15 % of Fund assets, subject to timing and other considerations which are in the best interests of the Fund and its shareholders; or
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.
Change is inevitable, either through pursuing the shareholders» interest as outlined herewith, or by changing the Board of Directors to represent the owners of VaxGen, its shareholders, who have been ignored too long.
While you certainly have challenged our notion that boards represent the interests of the shareholders, we remain optimistic that, with some persistence, shareholders can prevail on even the most intransigent management and board to listen to their concerns and protect their investment or personally pay back shareholders for what, in our opinion, is a gross dereliction of fiduciary duty.
The business owners (shareholders) demand a higher rate of return than what is represented by the interest payments on the company debt.
«We believe this transaction is in the best interests of our shareholders and also represents a promising opportunity for our customers, employees and franchisees,» said Pet Valu's departing chairman, C. Ian Ross.
Corporations represent the financial interests of their shareholders and, to varying degrees, interests of the workers and customers.
Currently representing managers of a Delaware LLC accused of improperly diluting minority shareholders» interests.
Chris represents national and local North Carolina business interests in regulatory enforcement disputes, class actions, financial services and lending disputes, software design, development and implementation disputes, corporate governance and shareholder rights disputes, and antitrust and manufacturing disputes.
Although the GC is often part of the executive team as noted in the point above, he or she must also represent the best interests of the company and the shareholders, which may not always be aligned with the interests of the executive team.
While a significant part of his practice is dedicated to defending lawyers, financial advisors and insurance producers against malpractice claims, he also devotes considerable time advising lawyers and law firms on their ethical obligations and risk management tools, acting as outside general counsel to several of Chicago's many condominium associations, and representing the interests of family members and shareholders in disputes that arise within closely - held corporations... read full bio.
While a significant part of his practice is dedicated to defending lawyers, financial advisors and insurance producers against malpractice claims, he also devotes considerable time advising lawyers and law firms on their ethical obligations and risk management tools, acting as outside general counsel to several of Chicago's many condominium associations, and representing the interests of family members and shareholders in disputes that arise within closely - held corporations.
ARBP No. 406 of 2013) submits that the respondent company was incorporated in India in 2004 with Mr C. F. George as 50 % shareholder representing the interest of the claimant and balance 50 % held by the Indian promoter Mr Ajith Menon.
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