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Join the Securities Litigation and Enforcement Group on LinkedInSecurities Docket News Wire for November 25, 2013
Get caught up with the Securities Docket News Wire for November 25, 2013.
Australia: Maurice Blackburn rejects attack on class actions — BusinessDay
”If directors and corporations fulfil their proper duties and comply with the Corporations Act they will have nothing to fear from a robust class actions regime,” Mr Slade said. He said class actions accounted for 0.1 per cent of all litigation in Australia. About 14 class actions started on average each year, with about half […]
To Block Out Insiders Like Steven Cohen Is To Blind The Stock Markets – Forbes
Indeed, for do-gooders and those who simply think it’s unfair that CEOs trade on non-public information, they should celebrate the [Steve] Cohens of the world who constantly seek an information edge. While Cohen was never found to have done anything wrong, it’s people like Cohen and his employees who will do the sleuthing that exposes […]
‘Golden Leash’ Payments Fuel Debate – WSJ.com
A shareholder vote Tuesday in California for board members of a small, local bank is emerging as a test case for one of the hottest topics in corporate governance: whether activist investors should be able to pay bonuses to their picks for board seats. via ‘Golden Leash’ Payments Fuel Debate – WSJ.com