Shareholders’ rights are in jeopardy with dual-class shares. When investors purchase shares of stock in a company, they are risking their investment if the company does not perform well. Investors are willing to do this in exchange for a share if the company is profitable. Shareholders who invest in a...
What Does a Shareholder Do if the Corporation is Headed in the Wrong Direction?
What should a shareholder do if the corporation is headed in the wrong direction or executives and Board members are making bad decisions? The experienced shareholder dispute attorneys at the Watkins Firm have several strategies to support minority shareholders, and those who are concerned about corporate decision making. The fastest...
Derivative suit filed against Verizon officers and directors
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Tuesday, November 12, 2013. California Verizon customers and shareholders may be aware that, in 2010, the FCC began an investigation into so called “mystery fees” being charged by Verizon to nearly 15 million of its wireless customers. The $1.99 fee on...
Shareholder conflict a concern for California companies
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Wednesday, June 19, 2013. Shareholder conflicts can become complex and damaging to production and reputation. Depending upon the size and reach of an organization, conflicts arising among the shareholders can cause stress and discourse among large numbers of people. Business owners...
Shareholders settle BofA derivative suit, fees awarded
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Monday, April 29, 2013. A derivative lawsuit is one that can be filed by shareholders in San Diego, California or any other state across the nation on behalf of a corporation. A corporation may be an entity, but it is not...
Apple shareholders concerned about stock, CEO says no worries
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Friday, March 15, 2013. For years Apple stock prices have soared. The company has remained at the top of the miniaturized electronics market with the continual popularity of the “everything i” products, including the iPod, iPad and iPhone. However, lately the...
Oshkosh terminates shareholder rights plan early
Many of our blogs discuss the growing impact that shareholders can have on California companies. Shareholder rights are growing in terms of a company’s accountability to the shareholders, which is commonly seen in relation to shareholder input on such issues as executive compensation and overall company forecasting. In addition to...
$1.5 million sanction against Eaton Corp leads to derivative suit
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Wednesday, November 7, 2012. A shareholder’s interests are tied up in how the company is being run and managed. How? It is simple: the better managed a company is, the more success it often has, which means a shareholder’s stock in...
Shareholders seeking better standards at J&J reach tentative settlement
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Friday, August 3, 2012. How management runs a company day to day affects how it will succeed or fail. Success or failure can be measured by profits alone, but there is more to it than that. It can also be measured...