ADRmageddon…SEC Enforcement Subpoenas Hit The Top-4 ADR Banks: Mega-Scandals Threaten ADR Bankers – And Maybe ADRs Themselves
The SEC’s Enforcement Division has issued wide-ranging subpoenas to the four largest ADR banks - and to many of their top officials, we are told - demanding detailed information going all the way back to 1997, according to our source - the chief whistleblower, who,...Remember Our Prediction That Board “Diversity” Will Have a Big Breakaway Year in 2017?
Just as we began this issue, we discovered, in a September 30 article on TheStreet.com by reporter Robert Orol that Diversity Measures on Corporate Boards had already had a “Breakout Year” – and that yes, 2017 will be a “Breakaway Year” for sure. And it sure looks to...Major Shockers Rock The Governance World
Big After-Shocks To Come, And A Major “Raising Of The Bars” Across The Board, We Predict… So Get Ready We love to crow about our long record of predicting “the next big thing in the corporate governance world” - but you sure don’t need a crystal ball this fall to know...Stock Buybacks Come Under New Fire – From Politicos and CEOs Alike
Long-term readers know that badly designed and executed stock-buyback programs - and especially those programs where buyback money goes straight to “money heaven” instead of into the pockets of shareholders - are one of our top bugaboos. Lately - huzzah! - a lot of...Can We Ever Shrink The Evergrowing Rate Of Income Inequality? Should We Care?
A Few Strategies To “Share The Wealth” - Albeit Modestly - With “Regular People” The growing gap between the incomes and total wealth of the “one-percenters” and the rest of us has been getting more and more attention of late, as well it should. And this is before...Women On Boards: Still Lagging, Despite Compelling Evidence That They Raise Shareholder Returns…What’S Up Here?
THE “2020” CAMPAIGN IN THE U.S. – TO HAVE 20% WOMAN BOARD MEMBERS BY 2020 – SEEMS LESS LIKE 20:20 VISION AND MORE LIKE A BAD CASE OF MYOPIA A just-out study from index provider MSCI shows that companies with “strong female leadership”, which they define as...Unclaimed Property And The Real James Brown
“Ah Feel Gooood!” – Finding The Real James Brown, And Reuniting Him With Almost A Half-Million Dollars In Unclaimed Property…A Nifty Story – And One That’s Still Contains A Valuable Takeaway On Abandoned Property
Keane Acquires UPRR Creating The Most Experienced Firm Dedicated To Unclaimed Property Compliance
An Interview with Mike O’Donnell and Melissa McCarthy
Unclaimed Property Abroad: A New Target For Auditors?
Reflecting our global economy, many shareholders of today’s public corporations live in countries other than the United States.
State Treasurers Give Some New Protections To Shareholders Alleged To Be ‘Lost’… But Many Predatory Practices Continue Unabated
An Interview With Jennifer Borden, Executive Vice President And General Counsel Of UPRR
Our Primer On The “Proxy Committee Ballot” – And Why You Need To Have One
We have been planning to write this article - and add it to our series on “The Basics” - for a very long time…But midproxy season a reader called to ask, “Do you have a sample of a Master Ballot? My client is engaged in a proxy contest, and I know we need one, but I...Keane Takes The Lead In Helping Companies Navigate The Delaware Voluntary Disclosure Agreement
A new voluntary Disclosure Agreement (VDA) initiative established by Delaware Governor Jack Markell has been a hot topic for companies with unclaimed property reporting obligations to the state of Delaware. Senate Bill 258 (SB 258) was signed into law by the...Keane Takes The Lead In Helping Companies Navigate The Delaware Voluntary Disclosure Agreement
A new voluntary Disclosure Agreement (VDA) initiative established by Delaware Governor Jack Markell has been a hot topic for companies with unclaimed property reporting obligations to the state of Delaware.
Updates On The State Of Abandoned Property With Fresh Information On ‘The Protectors Becoming Predators’
From Bob Irvine: President, and Jennfer Borden: Executive Vice President/General Counsel of UPRR
Apple Computer Does It Again – With A Raft Of Annual Meeting Gaffes: How Can Such A Smart Company Be So Dumb On Ir Matters?
Let’s say for starters that we LOVE Apple Computer. We bought when it was around $7…and love it more every day. We love their products too. And we love Steve Jobs – and think he is one of the smartest, savviest, most-focused and most dedicated managers in the world....Hackers Invade Nasdaq OMX Board Portal: We Ask, “Are These Things Really Ready For Prime Time?”
We are great fans of “secure board portals” – because they are huge time and money savers for corporate citizens charged with preparing “Board Books” – and because they provide great convenience to even modestly-tech-savvy Directors, who are constantly on-the-go these...Consent Solicitations
By Merrill Stone and Matthew Kane, Kelley Drye & Warren* Back in 2000, we discussed in the Optimizer how would-be acquirers were increasingly using consent solicitations in attempts to ambush boards and to effect changes of control. Consent solicitations still...Keane Leads The Way
Keane, the country’s #1 provider of unclaimed property communications, compliance & consulting services, is making a difference for our clients.
When The Protectors Of Abandoned Property Become The Predators… What Should Public Companies Be Doing??
An Interview With Bob Irvine, President And Jennifer Borden, Executive Vice President & General Counsel, Unclaimed Property Recovery And Reporting, LLC
Outsource The Corporate Secretary Role?
Does It Ever Make Sense For A Company To Outsource The Corporate Secretary Role? Or To Bring Someone In Temporarily, To Supplement Existing Staff? Kris Veaco, Founder Of The Veaco Group In San Francisco, Shares Some Insights… And Some Recent Case Histories
A Few Hot Issues To Watch As Annual Meeting Season Approaches
Great news for public companies, though bad news for most proxy solicitors, the 2011 Proxy Season seems to be shaping up as the least contentious one in a decade or more:
Transfer Agents Are Facing Multi-Million Dollar Investments To Be Ready For Cost-Basis Reporting… And Perhaps, For More Backup Withholding By Money-Starved State Governments
An Interim Rreport On Virtual Annual Meetings A reader emailed us after our last issue to ask why we haven’t been covering the Cost-Basis Reporting scene…after lots of earlier coverage, where we correctly predicted that there was absolutely no way it could be enforced...And… As If Those Poor T-As Don’t Have Troubles Enough, How About State-Mandated Backup Withholding From Dividend And Interest Checks?
Thanks to reader Tom Montrone, the President of Registrar & Transfer Company, for reminding us of yet another issue that’s flown beneath the usual radar screens but which, we predict, may well burst from the blue to harass T-As and their clients. So far, only two...Time To Take A Look At Your Bylaws, We Say… To Make Sure They Do Not Have Conflicting Voting Provisions
And Maybe To Consider Moving To A “Simple Majority Vote” To Pass All But The Most Economically Important Proposals A lot of speculation went on last year and this about the potential effect of the “broker may NOT vote rule”…which turned out to be mainly a non-issue...
