Last week the SEC advised a meeting of institutional investors that by April it will issue for public comment rules to facilitate submission by shareholders of proposals to be considered at annual meetings, and promised to strengthen disclosure requirements about … Continue reading
Stephen Honig
Unicorns are huge companies, often with many shareholders, whose securities are not registered with the SEC. They have been privately financed by sophisticated investors, have never done an IPO, and do not have over 2000 shareholders (which would require them … Continue reading
SPACs have been criticized extensively for favoring the promoters and their cronies while the merged operating company does not reward the investors. Most SPACs are formed and will continue to be formed in Delaware. The Chancery Court early this month … Continue reading
I just got off a Zoom webinar where Jeffrey Raider, a founder of both Warby Parker and Harry’s (the shaving company), spoke about his approach to innovation and the growth of his two multi-billion-dollar companies. Notable take-aways follow: Each company … Continue reading
I have written here, and in my recent article (Fall 2021 issue in Massachusetts InHouse) about the activist agenda of the Democratic-controlled SEC under Chair Gary Gensler. Yesterday, Gensler furthered that agenda by announcing that the SEC will address transparency … Continue reading
With thanks to National Association of Corporate Directors–New England for this week’s fabulous panel discussion with senior executives of General Motors, Boston Scientific and Dunkin’, here are some take-aways beyond an understanding that product disruption is being generated by various … Continue reading
The activist SEC agenda has generated for comment two new rules designed to provide greater information to the marketplace; not surprisingly, providing information= more rules about what must be disclosed and even more forms to be filed. As if public … Continue reading
These are options granted to executives just prior to favorable announcements relating to the company which are likely to jump the market price above the strike price set forth in the options themselves; executives wake up one day soon to … Continue reading
It used to be “employee management,” and then “HR;” now with the Great Resignation, the shrinking of the labor force, the reshaping of “work” via pandemic, and the inflation of wages, it is re-named “human capital” and it has become … Continue reading
Last Friday, C Level Community (a networking organization) sponsored a Waltham breakfast and interview with Stephen Kaufer, founder and president/CEO of Tripadvisor. In the 22 years since its founding, Tripadvisor has grown into an international travel powerhouse, was acquired and … Continue reading