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Institut sur la gouvernance (IGOPP)
November 2, 2015 9:19 AM
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Class actions are among the most controversial forms of litigation in the United States today. To their advocates, they provide an opportunity for interested private citizens to have a meaningful role in combating corporate misconduct, supplementing or even substituting for inadequate regulatory oversight. To their detractors, however, class actions are not much more than a racket.
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Scooped by
Institut sur la gouvernance (IGOPP)
November 2, 2015 9:19 AM
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Institut sur la gouvernance (IGOPP)
October 30, 2015 9:53 AM
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After stealth buying up LPL stock, a 'wolf pack' may be set to shake up the IBD - San Francisco-based SPO, FPR and Marcato are forbidden to coordinate their efforts per SEC rules but seem to be looking in the same direction
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Institut sur la gouvernance (IGOPP)
October 30, 2015 9:52 AM
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Banks should be prepared for the potential that an investor with a growing stake does not have the institution s interests at heart.
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Institut sur la gouvernance (IGOPP)
October 30, 2015 9:37 AM
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Institut sur la gouvernance (IGOPP)
October 30, 2015 9:36 AM
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On Thursday October 29th Glass Lewis hosted a Proxy Talk conference call to discuss how Glass Lewis engages with companies. Glass Lewis Chief Policy Officer Robert McCormick, and senior analysts highlighted successful engagement strategies for issuers and institutional investors. They… See more ›
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Institut sur la gouvernance (IGOPP)
October 30, 2015 9:36 AM
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Today [October 26, 2015], ISS announced it is considering changing its U.S. voting policies in three areas heading into the 2016 proxy season: (i) when a sitting CEO or a non-CEO director will be viewed as “overboarded “on account of service on multiple boards, (ii) unilateral board actions that reduce shareholder rights (with a focus on newly classified boards and supermajority voting provisions) and (iii)compensation disclosure at externally managed issuers.
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Scooped by
Institut sur la gouvernance (IGOPP)
October 30, 2015 9:36 AM
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A report published today by Lord Davies hailed the fact that women now make up 26 per cent of FTSE 100 directors - up from just 12.5 per cent in 2011.
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Institut sur la gouvernance (IGOPP)
October 30, 2015 9:36 AM
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Differential Voting Rights, controlling shareholder, Lucian Bebchuk, ICGN, Mauro Cunha, Stephen Erlichman, Anne-Marie Jourdan, Anne Simpson, Jamie Allen
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Institut sur la gouvernance (IGOPP)
October 30, 2015 9:36 AM
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Regulator concludes executives of failed investment firm defrauded investors by not disclosing negative report
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Institut sur la gouvernance (IGOPP)
October 29, 2015 9:58 AM
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Activist investors are trying to reshape corporate Germany without a single proxy fight, but German corporate boards are structured in a way that insulates executives from stockholder agitation.
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Institut sur la gouvernance (IGOPP)
October 29, 2015 9:58 AM
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New tactics, new targets—beware the “wolfpack” By Nathan Stovall, SNL Financial staff writer Advisers see shareholder activism growing in the banking...
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Institut sur la gouvernance (IGOPP)
October 29, 2015 9:49 AM
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Billionaire investors Carl Icahn and John Paulson are pressing American International Group to split into three parts, the latest evidence of how new rules passed since the financial crisis are roiling the financial-services industry.
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Institut sur la gouvernance (IGOPP)
November 2, 2015 9:19 AM
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Unfortunately, my warnings concerning the fact that there will be a large number of our companies leaving the country within the next year is already coming true. Just this morning, both Pfizer (NYSE:PFE) and Allergan (NYSE:AGN) confirmed they are in “preliminary friendly discussions” about merging. Allergan is domiciled in Ireland, and if consummated, this will be the largest corporate inversion to date, and as a result our country will lose Pfizer, its tenth largest company. The imminent planned exodus of many of our best companies is extremely dangerous, especially in our fragile economy, as it will cause the loss of thousands of jobs, as well as hundreds of billions of dollars of future tax revenue and investment in the United States. As I said in my October 20th letter, it’s not too late if we act now.
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Scooped by
Institut sur la gouvernance (IGOPP)
November 2, 2015 9:19 AM
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Almost anyone who has been following Wall Street will know that Valeant Pharmaceuticals(NYSE:VRX), a large-cap and previously acquisitive pharmaceutical company, has been under pressure. It held a special conference call to answer concerns raised by Citron Research (a prominent individual short-seller), The Southern Investigative Research Foundation (SIRF) (seehere and here), the Wall Street Journal (notably this article) and this blog.
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Institut sur la gouvernance (IGOPP)
October 30, 2015 9:52 AM
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Lord Davies has published his final report, recommending a third of all boardroom positions be given to women. 30% Club chair Brenda Trenowden outlines the challenges facing the next phase of the campaign
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Institut sur la gouvernance (IGOPP)
October 30, 2015 9:52 AM
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Activist hedge funds play a central role in the market for corporate control. An activist campaign makes a targeted firm substantially
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Institut sur la gouvernance (IGOPP)
October 30, 2015 9:36 AM
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Proxy access grants shareholders the right to place their director nominees on corporate proxy materials. The Securities and Exchange Commission (the “SEC”) has been trying to regulate proxy access...
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Institut sur la gouvernance (IGOPP)
October 30, 2015 9:36 AM
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I am very pleased to be here to help kick off the 47th Annual Securities Regulation Institute. As some of you know, I am no stranger to this program, nor is the SEC staff. I have participated since my early days as U.S. Attorney, and its tremendous success is largely due to its tireless organizers. For many years, that work was led by Anita Shapiro, who is now the President of PLI, along with Laura Shields. Laura has now taken over from Anita, and she will surely continue the program’s record of excellence. Thank you both for all that you do to make this program such a great one year after year.
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Institut sur la gouvernance (IGOPP)
October 30, 2015 9:36 AM
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OECD representative urges stronger corporate governance The Nation Thailand was urged yesterday to promote corporate governance more strongly even though it has already made a lot of contributions to the creation of...
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Institut sur la gouvernance (IGOPP)
October 30, 2015 9:36 AM
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Former president of Warner Chilcott unit arrested in Boston on charges of making illegal payments to get doctors to prescribe its medications.
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Institut sur la gouvernance (IGOPP)
October 30, 2015 9:36 AM
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Hydro One has priced its IPO at $20.50 a share – at the top end of the price rangehydro
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Institut sur la gouvernance (IGOPP)
October 29, 2015 9:59 AM
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Rarely do companies pursue representatives from activist funds as board candidates, much less prepare for their arrival. Yet, increasingly activist shareholders are reaching the boardroom by winning proxy challenges or obtaining settlements that allow them to designate one or more board directors.
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Institut sur la gouvernance (IGOPP)
October 29, 2015 9:58 AM
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Institutional Shareholder Services Inc (ISS), the US-based international corporate governance provider, has released its draft 2016 benchmark policy changes for consultation. There are only th
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Institut sur la gouvernance (IGOPP)
October 29, 2015 9:51 AM
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Michel Nadeau, Executive Director, Institute for Governance discusses Quebec's support for Bombardier and its investment in the CSeries program.
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