June 2, 2011
A Fifth Say-on-Pay Lawsuit
– Broc Romanek, CompensationStandards.com
As I recently blogged, there has been a trend of companies that fail to garner majority support for their say-on-pay getting sued – a trend that started last year. In his “D&O Diary Blog,” Kevin LaCroix provides details about a fifth say-on-pay related lawsuit – this one filed against Umpqua in a federal district court in Portland. We continue to post pleadings from these cases in our “Say-on-Pay” Practice Area.