Daily Archives: February 24, 2013, 3:44 pm

Now Up: The “Third Wave” of Executive Compensation Litigation — The D & O Diary

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 of inadequate or insufficient proxy…

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