- Bank of Hawaii Reaches Million Overdraft Settlement - Chitwood Harley Harnes LLP Represents Shareholder of Eagle Bulk Shipping in Lawsuit that "Raises Serious Questions of Corporate Governance that Could be a Tipping-Point in Companies' Future Conduct" - Bank of Hawaii accused of manipulating fees. FCIC Report (pdf) - Chitwood Harley selected as Co-Lead Counsel for the Class in Transocean Ltd. Stipulation and Order Appointing Lead Plaintiffs and Approving Selection of Lead Counsel (pdf) - Final approval granted to notice (pdf), proof of claim (pdf) and proof of claim instructions (pdf). Kaplan were recognized as New York Metro Super Lawyers for 2011, following a peer nomination and voting process, a thorough review of their credentials and achievements, and a blue ribbon review by the top nominated attorneys in their practice areas.
- Chitwood Harley Harnes protects Trans Tech's public shareholders, obtains preliminary injunction in Delaware Chancery Court preventing management from making further payments to or for benefit of its founding shareholders. - Investors' Fraud Suit Sustained Against Arthro Care and Two Key Executives - Maxim to Pay 3M to Settle Backdating Class Action - Tyco to Settle Class Action Suit Over Undersea Cable Venture for M Chitwood Harley Harnes Partners Gregory E. Kaplan Ranked as Among the Top 5% of Attorneys in New York City in Securities Litigation and Corporate Governance. Among other things, this recognition reflects a favorable analysis of the attorney's reputation, observed skills, verdicts and settlements, representative clients, experience, honors and awards, bar and other professional activity, pro bono and community service, and other outstanding achievements.
"MEANINGLESS ELECTIONS, WHERE THE OUTCOME IS DECIDED IN ADVANCE, FELL OUT OF FAVOR AFTER THE COLLAPSE OF THE BERLIN WALL -- EXCEPT IN CORPORATE AMERICA." (FORTUNE MAGAZINE, 3/9/06, "FIXING CORPORATE BOARDS") "WHAT WOULD YOU CALL AN ELECTION IN WHICH VOTERS ARE PRESENTED WITH ONLY ONE SLATE OF CANDIDATES AND INFORMED THAT VOTES AGAINST THAT SLATE WILL NOT MATTER? G., VOTED OUT OF OFFICE AND REPLACED BY CANDIDATES WHO ARE NOMINATED BY SHAREHOLDERS AND WHOSE NAMES APPEAR ON THE CORPORATE BALLOT.
") THE PERFORMANCE OF CORPORATE DIRECTORS WILL ONLY IMPROVE WHEN THEY CAN BE HELD PERSONALLY ACCOUNTABLE TO SHAREHOLDERS FOR THEIR ACTIONS, E.
In addition, the plaintiffs allege that the M-Systems officers and directors breached their fiduciary duty to M-Systems shareholders by backdating stock options and sought to further their own interests by approving the merger. Special thanks to Adam Savett of the Lies, Damned Lies blog for bringing this lawsuit to the attention of .
The information in this post was last updated on September 10, 2008 The purpose of this blog post is to track options backdating related litigation.
All of the companies that have been sued — and of which the will note at the top and bottom of this post the date on which the information was most recently updated, and will indicate in red which information has been most recently added.
The settlement contemplated by this Stipulation is referred to herein as the Settlement. A.
The Litigation involves derivative claims asserted on behalf of nominal defendant Cablevision Systems Corporation ( Cablevision or the Company), as well as individual claims asserted on behalf of a class of Cablevision shareholders, against certain of Cablevisions B.