Practice Area Blogs & Digests

SEC Chair White addressed the debate over bylaw provisions that shift company litigation expenses to shareholders.

In a speech at Tulane’s Corporate Law Institute, SEC Chair Mary Jo White weighed in on the debate over shareholder activism.

On Tuesday, the U.S. Supreme Court set the standards for when a company’s statements of opinion.

In a decision released March 24, 2015, the Supreme Court held that the U.S. Patent and Trademark Office Trademark Trial and Appeal Board’s (TTAB) determination of likelihood of confusion in an opposition proceeding can bind federal courts in trademark infringement litigation.

Public companies preparing stock compensation disclosure may wish to understand the areas of SEC focus and concern. 

Recently, Goodyear agreed to pay $16 million to resolve SEC charges that it violated the Foreign Corrupt Practices Act and the books and records and internal control provisions of the federal securities laws.

At the annual “SEC Speaks” conference, SEC regional director David Glockner noted that bringing enforcement actions for poor cybersecurity risk disclosure was “high on [the SEC’s] radar screen.”

Recently, ISS weighed in on the proxy access debate with its voting policy for proposals that allow shareholders to nominate directors on the company’s ballot.

The heat is rising in a battle that pits small popcorn manufacturer Candyland, Inc. against industry giants Cornfields and Snyder’s-Lance. 

A shareholder proposal sponsored by activist John Chevedden aimed at limiting long-tenured directors at Costco failed by a substantial margin at Costco’s annual meeting this year.