October 25, 2011
Two More Failed Say-on-Pays: Up to 43 For the Year
– Broc Romanek, CompensationStandards.com
Last week, two more companies failed to gain majority support for their say-on-pay, although one of the companies failed for the second time this year – further obscuring how to count how many failures there have been so far. In this Form 8-K, Synaptics reports that it received 44% in support. And then there’s this news from Ted Allen of ISS that was blogged last week about Hemispherx Biopharma.
A list of the Form 8-Ks filed by the “failed” companies is posted in our “Say-on-Pay” Practice Area.