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The first wave of “say on pay” litigation involved lawsuits brought by shareholders following a negative advisory say on pay vote under the Dodd-Frank Act. The second wave of say on pay litigation, which picked up in 2012, involved plaintiffs’ efforts to enjoin upcoming shareholder votes on compensation or employee share plans on the grounds […]
We are a nation of sellouts. So it is probably not alarming that the SEC — the agency that’s supposed to keep businesses from cheating each other and the investing public — is filled with sellouts, too. Sellouts in Washington are so common they’re not even called sellouts anymore. They’re just professionals passing through a […]