Yesterday, the SEC reopened for comment a Dodd Frank-era proposed rule that would allow investors to more easily compare the compensation of public company executives to shareholder returns. The SEC originally opened the proposed rule – dubbed the “pay versus performance” rule – in 2015. It would require public companies […]
Author: Connie Bertram
Hertz and its former General Counsel entered into a settlement agreement resolving Hertz’ claims seeking the clawback of $56 million in incentive and severance pay he received prior to the discovery of financial misconduct. In March 2019, Hertz filed suit in New Jersey federal court against former CEO Mark Frissora […]
Last week, Boyd Gaming agreed to pay $150,000 to the Indiana Gaming Commission (IGC) for failing to disclose an internal investigation of sexual harassment allegations that resulted in the resignation of long-time General Counsel Brian Larson. This fine comes on the heels of similar findings by the Pennsylvania Gaming Control […]
Radio personality Melissa McGurren has sued her former employer, Hubbard Radio, for gender discrimination and retaliation and for defaming her by portraying her as a liar to protect her former co-host, Eric Ferguson, from sexual harassment accusations. Melissa McGurren worked at Hubbard for more than 20 years, rising from a […]
UPDATE (October 29, 2021): Activision Blizzard has ended its mandatory arbitration, has debuted a new zero-tolerance sexual harassment policy, will invest $250 million over the next five years to capture more diverse talent, and will invest an additional $250 million over the next ten years to improve opportunities related to […]