Sentences with phrase «shareholder on behalf of the company»

Not exact matches

«We have heard from many significant shareholders of the company about their concerns with these matters, and we share them,» said Pathak, speaking on behalf of the committee.

While it's true the U.S. doesn't have a board of auditors structure, wouldn't it be refreshing if boards pursued justice for their stakeholders themselves rather than forcing shareholders to do so on behalf of the company?

Modern corporations are typically characterized by a «separation of ownership and control» — that is, companies are generally run by professional managers, who manage on behalf of a very large number of mostly - anonymous shareholders.

One lawsuit filed yesterday in Northern California on behalf of a Facebook shareholder, Jeremiah Hallisey, alleges the company's senior management «breached their fiduciary duties by failing to prevent the initial misappropriation [of user data by CA] and, after learning of it in 2015, failing to inform affected Facebook users or the public markets».

On behalf of all shareholders, we are extremely appreciative of Valeant employees» hard work and commitment during this challenging time for the company.»

2017), Mr. Bruckner and the Corporate Governance group achieved a settlement that provides significant corporate governance therapeutics on behalf of shareholders of the company.

Ms Gilsenan said the action was being brought on behalf of Treasury shareholders «who lost millions of dollars when the company revealed the full extent of the problem in July last year».

And, it is also an undeniable fact that a company (business) derives its true value from its earnings power, in other words, the amount of cash flow it is capable of generating on its shareholders» behalf.

Instead, it is the individual operating results of each respective company that will reward shareholders in accordance with the business results that individual companies have achieved on their behalf.

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.

Jaguar says that it speaks on behalf of shareholders representing 8 percent of the company's shares.

Most notably, Sean led the firm's representation of over 1,200 Enron employees and shareholders for losses they sustained as a result of the company's collapse, and was lead counsel for the firm's work on behalf of women who developed breast cancer as a result of hormone replacement therapy.

David was also instructed on behalf of the Petitioners (led by Martin Griffiths Q.C.) in a major unfair prejudice petition involving a dispute between the shareholders in one of England's leading house builders and giving rise to questions relating to valuation of the minority shareholder's shares and pro rata vs. discounted valuation in the context of an alleged «quasi-partnership» company (the case settled on the first day of trial).

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.

Quinn Emanuel Urquhart & Sullivan is building a claim on behalf of BT shareholders and funders against the company over an accounting scandal in its Italian business.

Numerous unfair prejudice petitions (under s. 994 of the Companies Act 2006) on behalf of both minority and majority shareholders.

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.

Lamb's recent client successes include securing a dismissal on behalf of the board of a publicly traded company of three shareholder derivative and class action complaints in Ohio and Texas challenging the fairness of a $ 2.5 billion merger transaction and prevailing in an arbitration involving a dispute over the proper accounting treatment of certain items in connection with another client's purchase of a business.

Alexandra has significant experience attacking and defending hostile bids on behalf of acquirers or targets and has also provided assistance to companies in respect of proxy battles and contested shareholder meetings.

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.

There are a number of practical advantages for such shareholders to bringing an unfair prejudice petition instead of a derivative claim (for example, the broad grounds for relief, the flexible nature of the relief that may be sought, and the fact that there are fewer procedural hurdles to overcome), and there may be significant disadvantages in bringing a derivative claim (the initial procedural phases can be costly, and relief must be sought on behalf of the company).

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.

Mr. Girard currently serves on the leadership team in the Target and Sony data breach actions; serves as lead counsel in derivative litigation on behalf of Wal - Mart shareholders arising out of alleged bribery in Mexico, lead counsel for commodities investors in litigation arising out of the collapse of a commodities futures merchant, and lead counsel in a multi-district «pay for delay» antitrust proceeding against major pharmaceutical companies.

In addition, we represent companies in private shareholder and derivative actions and have conducted internal and special investigations covering accounting, disclosure, insider trading, and other matters on behalf of audit and specially formed board committees of issuing companies.

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..

It also rejected the argument that a multiple derivative action comprises two derivative actions (one by the shareholders on behalf of the parent company against the subsidiary for its failure to sue the wrongdoers and one by the parent company on behalf of the subsidiary against the wrongdoers), neither of which was maintainable (the first because the subsidiary owed the parent no duty to sue the wrongdoers and the second because the parent company was in control of the subsidiary).

Only in exceptional circumstances, for example where the wrongdoer is a majority shareholder, have minority shareholders been able to obtain the court's permission to bring a derivative claim on behalf of the company.

A controversial plan to create a new company stock at US company Facebook, which resulted in legal action on behalf of some of its shareholders, has been dropped by CEO Mark Zuckerberg.

The company prides itself on championing on behalf of its customers, not its shareholders.

One lawsuit filed yesterday in Northern California on behalf of a Facebook shareholder, Jeremiah Hallisey, alleges the company's senior management «breached their fiduciary duties by failing to prevent the initial misappropriation [of user data by CA] and, after learning of it in 2015, failing to inform affected Facebook users or the public markets».

The fourth lawsuit, submitted yesterday in San Jose by attorney Jeremiah Hallisey, is filed on behalf of the company's shareholders against Zuckerberg, COO Sheryl Sandberg, and board members.

Filed by San Francisco - based attorney Jeremiah Hallisey, the legal action is reportedly a «shareholder derivative suit» filed on behalf of Facebook's shareholders against the company's leadership team.

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.