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Tag: shareholder
Shareholder Sues AT&T Officers, Saying Oversight Failed in Bill Cramming Ca...
2016-03-17 12:42:22| Footwear - Topix.net
New York attorney Kenneth Eland has filed a shareholder derivative lawsuit against AT&T's officers and directors, reports the Dallas Morning News , "alleging that they knew or should have known that a billing practice called 'cramming' was illegal and would harm the business." The lawsuit lists AT&T Chief Executive Randall Stephenson among the defendants, alleging that he and others breached their fiduciary duty to the company "by causing or allowing significant control gaps in the company's anti-cramming program."
Tags: bill
att
failed
officers
Insider Buying: Western Gas Partners, LP (WES) Major Shareholder Acquires 2,089,602 Shares of Stock
2016-03-17 05:14:36| Agriculture - Topix.net
Western Gas Partners, LP major shareholder Petroleum Corp Anadarko bought 2,089,602 shares of the firm's stock in a transaction dated Monday, March 14th. The shares were acquired at an average price of $29.91 per share, with a total value of $62,499,995.82.
Tags: major
stock
western
partners
Ashford Prime shareholder countersues REIT in federal court, in bid to consolidate litigation
2016-03-15 02:56:30| Jewelry - Topix.net
Sessa Capital Moves to Consolidate Litigation against Ashford Hospitality Prime in Federal District Court to Expedite Resolution of Outstanding Legal Issues and the company's directors, and filed similar claims in the U.S. District Court for the Northern District of Texas as a means of consolidating the litigation between the two parties, the firm said. Sessa also filed a motion to remove claims the company filed in Texas state court to the federal court case, arguing that the underlying facts and claims arise from the same matters being litigated in federal court.
Spurred by Paris, shareholder climate resolutions reach new high
2016-03-11 10:59:00| Climate Ark Climate Change & Global Warming Newsfeed
ClimateWire: Corporate shareholders this year filed more resolutions specific to climate change with U.S. companies than ever before, according to a new report on stockholder engagement. The study by a coalition of investment analysts found that 94 such proposals -- covering issues from urging greenhouse gas emissions mitigation efforts to demanding the use of more renewable energy -- accounted for about 40 percent of all active resolutions related to the environment or social issues. "Climate change is...
Tags: high
paris
reach
climate
Yahoo snubs activist shareholder with 2 new directors
2016-03-11 09:03:47| Semiconductors - Topix.net
Yahoo has set up a battle for control of its board by appointing two directors likely to further agitate an activist shareholder threatening an attempt to oust CEO Marissa Mayer unless she bows to demands to sell the company's Internet operations. Yahoo Inc. named former Morgan Stanley investment banker, Catherine Friedman, and Eric Brandt, chief financial officer of computer chipmaker Broadcom Corp. The decision, announced Thursday, increases the likelihood that the unhappy shareholder, Starboard Value, will nominate an opposing slate to run against Yahoo's board of nine directors in a proxy fight.
Tags: yahoo
directors
shareholder
activist
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