On December 7, Suffolk County Superior Court Judge Frances McIntyre issued an opinion that was reported as adverse to the Occupy Boston movement. While the effect of her ruling will be the dismantling of the encampment, the ruling reflects a … Continue reading
Category Archives: The Law
Employees sometimes post unfavorable comments about their bosses or companies on Facebook or other social media sites. Employers sometimes don’t take too kindly to such criticism and may take adverse job actions in response. So far so good. But what … Continue reading
On November 3, 2010 a US citizen returning to Cambridge, MA from a trip to Mexico was questioned at the airport by the Department of Homeland Security. It is not clear where Homeland Security gets its lists of suspicious folks … Continue reading
The National Association of Corporate Directors reports the median pay of a Fortune 200 director at $228,058, a tidy sum although not nearly enough if a derivative suit is filed against the board. NACD does not report on any relationship … Continue reading
Public companies are required by Sarbanes Oxley to avoid adverse employment action against employees who in good faith suggest that certain laws are being violated by their employer. The enforcement of anti-retaliation protections rests in a Review Board of the … Continue reading
Today I write about the breakdown of the American social compact. The Congress cannot engage in dialog on important issues. We do not speak to each other, we do not listen. Republicans stonewall. The President campaigns rather than inspires a … Continue reading
At this morning’s meeting of the New England Chapter of the National Association of Corporate Directors, the panel of senior board members counseled a level of board activism that is at odds with the common wisdom that directors should set … Continue reading
There seems to be some confusion about what has happened to the movement to compel public companies to place shareholder nominees on the ballot for directorships. Let me try to sort out the state of play: 1. Federal nomination rule defeated: … Continue reading
The SEC has mandated public companies to vote at least every three years on executive comp; shareholders must take a nonbinding (advisory) vote on whether they approve comp levels and golden parachutes. The idea is, no doubt, to pressure the board … Continue reading
What’s wrong with the economy? Why is the US in such a sorry state? Why don’t banks lend more freely? What is the prognosis? These matters, as well as principles of corporate governance, were explored at this morning’s meeting of … Continue reading