On May 31, 2019, in Stein v. Blankfein, et. al., the Delaware Court of Chancery reaffirmed the Delaware Supreme Court’s holding in In re: Investors Bancorp, Inc. Stockholder Litigation that the “entire fairness” standard...more
6/17/2019
/ Conflicts of Interest ,
Corporate Counsel ,
Corporate Governance ,
DE Supreme Court ,
Deferred Stock Incentive Plans ,
Director Compensation ,
Duty of Loyalty ,
Entire Fairness Standard ,
Equity Compensation ,
Motion to Dismiss ,
Shareholder Approval ,
Shareholder Litigation
The Ninth Circuit recently held that Section 304 of the Sarbanes-Oxley Act (SOX 304) allows for a clawback of certain CEO and CFO compensation regardless of whether the clawback was triggered by the personal misconduct of...more