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
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)
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:
Pillsbury Winthrop Shaw Pittman LLP
Ana N. Damonte, Esq.
speaker bio »»
Executive Compensation Counsel
speaker bio »»
Northeast Practice Leader, Executive Compensation
speaker bio »»
John M. Wirtshafter
speaker bio »»
Who Should Attend?
- Financial Officers
- Employee Benefits and Executive Compensation Practicing Lawyers
- Compensation and Benefits Consultants
- Senior Management
- HR Executives
- Benefits Managers
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.
** Discounts apply for early registration
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
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 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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Attention New York Attorneys:
This program is approved for CLE credit under New York’s Approved Jurisdiction policy. The Knowledge Group, LLC is an approved sponsor in the state of California, a New York Approved Jurisdiction. This program fulfills the non-traditional format requirement of exceeding 60 minutes in length. Please note only experienced attorneys (more than 2 years) are eligible to receive CLE credit via non-traditional format learning platforms. The Knowledge Group will verify attendance during the webcast via secret words (3 per credit hour) and by auditing attendees log in and log out records. All verification instructions will be provided during the webcast. Once attendance verification requirements have been completed, the attendee will be issued a certificate of attendance be The Knowledge Group for the course with the recommended number of credit hours. The Certificate of Attendance is normally sent via email in 24 hours or less.
To Claim Your CLE Credits:
The attorney should simply include credits earned via Knowledge Group webcasts when computing the total number of CLE credits completed, and keep the Knowledge Group Certificate of Attendance for a period of at least four (4) years in case of audit. An attorney may count towards her/his New York CLE requirement credit earned through the Approved Jurisdiction policy without notifying the CLE Board.
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