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...
CEO’s resume discrepancy made public by single shareholder
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Wednesday, May 9, 2012. In corporate America, it’s easy to forget the little guy, but this story illustrates that even a single shareholder can assert his rights. A single Yahoo shareholder discovered that Yahoo’s Chief Executive, Scott Thompson, had misrepresented certain details of...
San Diego-based Illumina’s shareholders say no to Roche takeover
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Wednesday, April 25, 2012. Roche, a Switzerland-based healthcare giant has had its eye on the San Diego-based company Illumina. The California company has been one of the market leaders in manufacturing DNA sequencing tools, something that Roche had hoped to...
Quest shareholders dispute CEO’s business decisions
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Saturday, April 7, 2012. Quest Software Inc. is locked into a shareholder dispute right now over the chief executive’s rush to sell the company. This move comes as no surprise, as the CEO was attempting to get out before a regulation committee was...
Shareholder lawsuit accuses Groupon of fraud
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation osted on Friday, April 6, 2012. California investors might be interested in a recent wave of criticisms and complaints lodged against Groupon, the online daily deal coupon service. After revealing accounting problems in last year’s annual report, Groupon’s CEO and CFO have been...
Shareholders’ rights may be at risk
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Wednesday, February 8, 2012. Shareholders in the San Diego area will be interested in a recent IPO filing with the Securities and Exchange Commission. According to the filing, the Carlyle Group LP is requiring future shareholders to resolve claims through arbitration...
Shareholder suits settled by Del Monte and Barclays
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Friday, October 7, 2011. Shareholders of the Del Monte Corporation who were dissatisfied with the actions of the company’s board and the company’s financial advisor, Barclays Capital, sued both Del Monte and Barclays for failing to act in the shareholders’ best...
Shareholders’ rights at stake in California lawsuit against Yahoo
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted inShareholders’ Rights on Tuesday, June 14, 2011. A lawsuit on behalf of the shareholders of Yahoo was recently filed in a California court. Yahoo is accused of making false and misleading statements regarding Yahoo’s business prospects in violation of its shareholders’ rights and federal securities...
Companies Want Shareholder Lawsuits Heard in Delaware
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Tuesday, May 24, 2011. Many public companies in California and across the country are trying to move shareholder lawsuits into one jurisdiction: Delaware. Companies are trying to rein in litigation and have all investor lawsuits tried in corporate-friendly Delaware instead of in...