Archive for the 'Legal woes' Tag

If ever a company illustrated the value of reading SEC filings — as opposed to just their press releases — it may just be Wright Medical Group (WMGI). And we don’t mean that in a good way. By way of background, Wright Medical is an orthopedic medical-device maker that last fall settled [PDF] a U.S. [...]

You probably remember the big dust-up a few months ago over what exactly was in Taco Bell’s beef.  A class action lawsuit was filed in California federal court in late January, 2011 by Alabama-based law firm Beasley, Allen against Taco Bell, a subsidiary owned by Yum Brands (YUM). Beasley Allen’s petition claimed that Taco Bell’s products that [...]

Could it be that, in the outrage over the safety bonuses awarded to top executives at Transocean (RIG), two other striking parts of the company’s proxy go largely overlooked? Transocean, of course, is the offshore drilling contractor that owned the Deepwater Horizon drilling rig that burst into flame a year ago, killing 11 and triggering [...]

The lawsuit brought against the Securities and Exchange Commission last fall by the U.S. Chamber of Commerce and the Business Roundtable — seeking to toss out a rule giving some shareholders the right to put their own board candidates in the official company proxy filing — got a lot of press at the time. A [...]