On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Wednesday, February 16, 2011. The publicly-traded real estate company St. Joe said earlier this week that it is going to enact a new shareholders’ rights plan to put off potential takeover plots by Fairholme Capital Management. Fairholme currently owns thirty percent of St. Joe....
SEC Passes “Say on Pay” Regulations
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Wednesday, January 26, 2011. New regulations adopted by the Securities and Exchange Commission will require companies to hold nonbinding shareholder votes on executive pay packages. Shareholders will thus have readier access to a method of getting the full attention of a company’s board...
Chamber Sues SEC Over Shareholders’ Ability to Oust Directors
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Tuesday, October 5, 2010. The Securities and Exchange Commission is being sued by the U.S. Chamber of Commerce, the nation’s biggest business lobby, and the Business Roundtable. The suit seeks to overturn a rule that makes it easier for corporate shareholders to remove...
Eastern Lights Capital, Inc. Shareholders Entitled to Vote
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Friday, September 17, 2010. Owning a business comes with certain rights and obligations. The shareholders of a corporation are, in effect, the owners of that business. As such, they are entitled to vote on major changes that will impact the corporation’s success. Eastern...
Shareholders’ Rights Getting Executives’ Attention
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Wednesday, September 8, 2010. San Diego shareholders’ rights attorneys are noticing that corporate America is beginning to take notice of shareholders’ rights as shareholders are winning more victories in the boardroom. The Securities and Exchange Commission recently decided on the proxy access rule,...