Dodd-Frank Executive Compensation
Director Equity Grants and Vote Buying Subject to Entire Fairness Review
Executive Compensation, Litigation, Public Companies and Securities In Williams v. Ji et al, the Delaware Court of Chancery examined an alleged scheme in which the Directors of Sorrento Therapeutics, Inc. granted themselves options and warrants for the stock of five subsidiaries over which the corporation had voting control. Shortly before or after the options grants, the board transferred valuable assets and opportunities […] Read more →
Supreme Court to Determine Scope of Whistleblower Protection
Employment, Executive Compensation, Litigation, Public Companies and Securities A percolating issue with respect to the SEC’s whistleblower regulations is whether the anti-retaliation protections apply only when suspected misconduct is reported to the... Read more →
CFTC Revises Whistleblower Rule to Enhance Anti-Retaliation Protection
Derivatives, Employment, Executive Compensation The CFTC has adopted final amendments to its whistleblower rules that will, among other things, strengthen the CFTC’s anti-retaliation protections for whistleblowers and enhance... Read more →
Shareholder Dismisses Case with Prejudice that Sought to Block Amendment to Intel Stock Plan
Employment, Executive Compensation, Litigation, Public Companies and Securities As we noted here, a shareholder of Intel sought a preliminary and permanent injunction and any other appropriate relief with respect to a stockholder vote to approve the amendment... Read more →