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News & Updates
November 4, 2014 US Department Of Justice Sues Southwest Airlines For Incorrect Fuselage Repairs, Seeks $12M PenaltySource: International Business Times
The U.S. government has sued Dallas-based Southwest Airlines Co. after a settlement could not be reached over the airline's move of hiring a contractor to make extensive repairs on some of its planes that failed to meet federal...
November 4, 2014 GCHQ's Robert Hannigan says tech firms 'in denial' on extremismSource: BBC News
Robert Hannigan said some internet firms were "in denial" about how their services were being misused by groups such as Islamic State. He called for greater co-operation with security services from the companies. None of the...
November 3, 2014 Argentina suspends Procter & Gamble operationsSource: Miami Herald
BUENOS AIRES, Argentina — Argentine authorities have accused household products giant Procter & Gamble of tax fraud and suspended its operations in the country. The AFIP tax agency released a statement Sunday accusing the...
November 3, 2014 Panelists Highlight Major Trends, Takeaways From 2014 Proxy SeasonSource: Bloomberg
The Securities and Exchange Commission saw “12 percent fewer requests for [shareholder proposal] no-action relief” this proxy season, a sign that companies may be pursuing greater shareholder engagement, Smeeta Ramarathnam, chief...
October 31, 2014 Does Shareholder Scrutiny Affect Executive Compensation? Evidence from Say-on-Pay VotingSource: Value Walk
As a result of the Dodd-Frank Act of 2010, public firms must periodically hold advisory shareholder votes on executive compensation (“say on pay”). We examine how firms change the structure and level of executive pay when they...
October 30, 2014 Institutional Shareholder Services Launches Latest Generation Governance Scoring SolutionSource: ISS
Institutional Shareholder Services Inc. (ISS), a leading provider of corporate governance solutions to the global financial community, today launched QuickScore 3.0, a state-of-the-art global corporate governance scoring solution...
October 30, 2014 S&P in settlement talks with regulators over mortgage securities
Inside Fidelity - Many U.S. states are pursuing similar lawsuits in their respective courts. S&P's main U.S. rivals, Moody's Corp's Moody's Investors Service and Fimalac SA's îFitch Ratingsî, do not face similar...
October 29, 2014 US sues AT&T over alleged 'data throttling' on phone plansSource: Reuters
The U.S. government sued AT&T Inc (T.N) on Tuesday, alleging the No. 2 U.S. wireless carrier sold consumers unlimited data plans but would reduce their Internet speeds once they exceeded a certain amount of data.
October 29, 2014 ISS Will Be Sold to Vestar Capital Partners for $364 million
Compliance Week - MSCI,a public company traded on the New York Stock Exchange, acquired ISS in 2010 as part of its acquisition of îRiskMetrics Groupî. ISS, founded in 1985, is based in Maryland and has 700 employees...
October 29, 2014 Three factors that get more women into the boardroom
FORTUNE - The article below was originally published on the îWorld Economic Forumîâs blog. As the îWorld Economic Forumîâs 2014 Global Gender Gap report reveals how far the world still is from...
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