July 16, 2013
Have We Seen the Last of “Say-On-Pay” Litigation? The Answer is “No”
– Broc Romanek, CompensationStandards.com
Last month, I blogged the question about whether we have seen the last of “say-on-pay” litigation given the volume of dismissals in these cases. The reality is that these cases are not going away any time soon. For example, if you read the “cases” page of the Faruqi web site, it is clear that Juan Monteverde is not slowing down. There are numerous press releases and announcements.
Note that the NASPP Conference will include a panel – “Stock Plan Proposal & Say-on-Pay Litigation 2.0: How to Avoid the Sharks” – that features both the plaintiff’s lawyer who has brought the most lawsuits over proxy disclosures and stock plan proposals (Juan Monteverde of Faruqi & Faruqi) and the leading experts involved in defending these suits.