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How non-exec directors are paid affect firms' risk level

Off to work: Efforts made thus far to strengthen risk management focus mainly on the discipline of managers and the set-up of an oversight function at the firm level in the form of a risk committee. AN...

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Breakingviews: Santander after Botin

The death of Santander's Botin leaves a succession gap since his daughter may not be ready to take over. But this decision shouldn't depend on a last name.

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Edward Shohat

Edward Shohat's practice focuses on state and federal white-collar crime and related forfeitures, as well as the defense of civil RICO cases and matters involving the U.S. Patriot Act, Sarbanes-Oxley...

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UPM listed as the industry leader in the global Dow Jones Sustainability Index

UPM has been listed as the industry leader in the Dow Jones European and World Sustainability Indices for 2014-2015. UPM is listed in the indices for the third year in a row.

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Hagens Berman Notifies Investors in Marrone Bio Innovations, Inc. of...

Hagens Berman Sobol Shapiro LLP, a top-tier investor-rights law firm, advises investors of the Nov. 4, 2014 lead plaintiff deadline in the securities fraud class action against Marrone Bio Innovations,...

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Whether 1992 Or 2013 Version Of COSO Framework - Disclose In...

Last week, I posted a piece regarding the "squishy" deadline for implementation of the new 2013 COSO internal control framework. As you may recall, the original 1992 COSO internal control framework is...

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PCAOB Again Finds Broker-Dealer Audit Deficiencies. Observation:...

For the third year in a row, the Public Company Accounting Oversight Board has found shortcomings in the audits of broker-dealers, a trend that could lead to firms spending more to get their books...

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Wilmington Trust Concealed Problem Construction Loans: SEC

Wilmington Trust Company has agreed to pay $18.5 million to settle U.S. Securities and Exchange Commission charges of accounting and disclosure fraud for hiding mounting problems in its commercial real...

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Satori Announces Corporate Update

The Company also wishes to announce the appointment of Mr. has held senior positions, including CFO, in many companies in the packaging industry and recently retired as Executive VP & CFO of a...

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BakerHostetler Welcomes Laura J. McMahon to Houston Office

BakerHostetler announces that Laura J. McMahon has joined the firm as a partner in the corporate and energy practices in the Houston office. Ms. McMahon joins from Norton Rose Fulbright, where she...

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Shareholders Approve FMN's N5.01 Billion Dividend

The shareholders, who spoke at the at the 54th yearly general meeting of the company held in on Wednesday, also lauded the company's board for issuing a bonus of one new ordinary share of 50 kobo for...

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New Aa FD will hope governance potholes are filled

A NEW FD at the AA will be hoping that the recently-listed motoring group's corporate governance concerns have been put to bed when their tenure starts. The brand may well be respected by the public,...

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SEC creates new data-driven risk assessment office

The Securities and Exchange Commission today announced the creation of a new office within the Division of Economic and Risk Analysis that will coordinate efforts to provide data-driven risk assessment...

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This Week In Securities Litigation

The SEC continued with its "broken windows" approach to enforcement this week, filing a group of 34 actions based on the failure to file either a Form 4, Schedule 13D or Schedule 13G. The agency also...

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Yost: Proposed GASB rule wrong for Ohio

Ohio's state auditor says that an additional reporting requirement for local governments to add future healthcare liabilities to their annual reports "would inaccurately state the position of the...

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Can You Fire a Director Who's Too Old to Effectively Govern?

A corporation's directors, as agents of the shareholders, are where the buck stops in terms of corporate governance. They're also ultimately responsible for oversight of management.

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Maxim Integrated Products Inc Files (8-K) Disclosing Amendments to...

MAXIM INTEGRATED PRODUCTS INC FILES Disclosing Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financial Statements and Exhibits Item 5.03 Amendments to Articles of Incorporation or...

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PHL Variable Insurance Co /CT/ - 10-Q - Management's Discussion and...

The discussion in this Quarterly Report on Form 10-Q may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We intend for these...

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Express Scripts Holding Co. Files (8-K) Disclosing Change in Directors or...

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Election of New Director.

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State Treasurer Pearce Announces New Financial Reporting Web Page

Vermont State Treasurer says this voluntary enhancement in state disclosure efforts will benefit the entire investment community and increase transparency. "Rather than searching through multiple State...

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