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Legal Series: Say on Pay and Executive Compensation Litigation
   LIVE Webcast  

 


Event Details:                                                                                                                                                          

One of the key trends affecting companies of all sizes is the derivative lawsuits filed by shareholders in relation to say-on-pay votes and strike suits alleging inadequate disclosure of the terms of such programs. Common grounds for shareholder derivative lawsuits include breach of fiduciary duties through the pursuance of executive compensation plans despite shareholders’ disapproval; vote on say-on-pay is negative; and company experienced poor financial performance among others. Aggressive plaintiff lawyers are also bringing suits seeking to enjoin shareholder votes based upon a claim of insufficient disclosure of the executive compensation programs. Though most of the complaints are without merit and many have been dismissed due to failure of plaintiffs to satisfy demand standards, this recent trend will likely continue. Employers and their board of directors must be ahead of the curve and gain a complete understanding of recent developments in say on pay and executive compensation litigation and what these could mean to their business.

In a two-hour LIVE webcast, a panel of distinguished thought leaders assembled by The Knowledge Group will offer substantive discussions this significant topic, cite and analyze recent cases and offer best practices to avoid potential costly litigation pitfalls.

Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Group, LLC
Recommended CLE/CPE Hours: 1.75 - 2.0
Advance Preparation: Print and review course materials
Course Code: 124402
NASBA Fields of Study: Personnel/HR - 1.00 credit hour and Business Law - 1.00 credit hour
Recording Fee: $299  (Please click here for details) 

 

Featured Speakers for Legal Series: Say on Pay and Executive Compensation Litigation LIVE Webcast :


Agenda  (click here to view more)


Introduction: Mention of the 3 waves and that we will discuss what they are, how they came about, and what to do about them. What might be on the horizon for 2013:
  • 1. First Wave: Say on Pay Lawsuits
    • a. Recap of SOP rules. What does the statute say?
    • b. What have been SOP results
    • c. Perhaps an update for 2013
    • d. How does ISS figure into SOP? What are their concerns?
    • e. Who ended up getting sued? Was it just notable failures, or any failure?
    • f. What were the results of the suits? Is there still something to worry about?
    • g. If yes, what should companies do?
  • 2. Second Wave: Disclosure Suits
    • a. What are the disclosure rules? What do they mandate and what are based on judgment and materiality?
    • b. What are the lawsuits about?
      • i. SOP Disclosure Suits
      • ii. Equity plan suits
    • c. What has happened so far? What are the statistics?
    • d. Who might be at risk?
    • e. What did Symantec and Microsoft say?
    • f. What might the future bring?
    • g. What should companies do?
      • i. What do we think about the allegations from a qualitative disclosure standpoint? Go through each of the allegations and discuss best practices as a what should the company. Should take a long time
      • ii. Perhaps some time spend on pay for performance and different approaches
  • 3. Third Wave: [I’m actually not sure of this category. Is these the 162(m) suits?]
  • 4. Crystal Ball gazing
    • a. What is new for 2013? What trends have we seen?
    • b. Where might be the next wave of litigation?
    • c. Clawbacks




Pillsbury Winthrop Shaw Pittman LLP
Ana N. Damonte, Esq.
Counsel
speaker bio »»

Towers Watson
Steve Seelig
Executive Compensation Counsel
speaker bio »»

Hay Group
Martin Somelofske
Northeast Practice Leader, Executive Compensation
speaker bio »»

McDonald Hopkins
John M. Wirtshafter
Member
speaker bio »»



Who Should Attend?

- CFOs
- Financial Officers
- Employee Benefits and Executive Compensation Practicing Lawyers
- Compensation and Benefits Consultants
- Senior Management
- HR Executives
- Benefits Managers

Why Attend?

This is a must attend event to everyone interested in learning the latest developments on say on pay and executive compensation litigation.

- Detailed guidance explained by the most qualified key leaders & experts
- Hear directly from experienced practitioners & thought leaders
- Interact directly with panel during Q&A

Enroll in this course today by clicking the Register button below. Hurry as space is limited and deep discounts apply for early registrants.

Registration Information:                                                                                                                                    


(Click here for information on group registrations and discounts)

** Discounts apply for early registration

Disclaimer:
Please note, the event date is firm although it may be subject to change. Please click here for details.
The Knowledge Group, LLC is producing this event for information purposes only. We do not intend to provide or offer business advice. The contents of this event are based upon the opinions of our speakers. The Knowledge Congress does not warrant their accuracy and completeness. The statements made by them are based on their independent opinions and does not necessarily reflect that of The Knowledge Congress' views. In no event shall The Knowledge Congress be liable to any person or business entity for any special, direct, indirect, punitive, incidental or consequential damages as a result of any information gathered from this webcast.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Legal Series: Say on Pay and Executive Compensation Litigation
LIVE Webcast
Event Sponsors / Speaker Firms:




Pillsbury Winthrop Shaw Pittman is a full-service law firm with a keen industry focus on the energy and natural resources, financial services, real estate and construction, and technology sectors. Based in the world's major financial, technology and energy centers, Pillsbury counsels clients on global regulatory, litigation and corporate matters. We work in multidisciplinary teams that allow us to anticipate trends and bring a 360-degree perspective to complex business and legal issues—helping clients to take greater advantage of new opportunities and better mitigate risk. This collaborative work style helps produce the results our clients seek


Towers Watson

Towers Watson is a leading global professional services company that helps organizations improve performance through effective people, risk and financial management. With 14,000 associates around the world, we offer solutions in the areas of employee benefits, talent management, rewards, and risk and capital management.




Hay Group is a global management consulting firm that works with leaders to transform strategy into reality. We develop talent, organize people to be more effective and motivate them to perform at their best. Our focus is on making change happen and helping people and organizations realize their potential. We have over 2600 employees working in 85 offices in 48 countries. Our insight is supported by robust data from over 125 countries. Our clients are from the private, public and not-for-profit sectors, across every major industry. For more information please contact your local office through www.haygroup.com.




McDonald Hopkins is a business advisory and advocacy law firm with offices in six strategic locations – Chicago, Cleveland, Columbus, Detroit, Miami, and West Palm Beach.

Despite the complexity and uncertainty in the world today, McDonald Hopkins has more than 140 attorneys focused on insightful legal solutions to help clients strategically plan for an increasingly competitive future. They have a more than 80-year track record of counseling clients through the most difficult times. Their client teams are focused on providing insight for your greatest business and legal challenges and foresight for the issues on the horizon. Attorney Insight. Business Foresight.®




 

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