Plaintiff Firms Continue Targeting Annual Meeting Proxies

Law360, New York ( April 22, 2014, 1:49 PM EDT) -- In what has become an annual rite of springtime, shareholder plaintiff lawyers are once again targeting Schedule 14A annual meeting proxy statements that include proposals on executive compensation, incentive plans, the authorization of additional shares, compliance with shareholder-approved equity compensation plans and the requirements for tax deductibility of performance-based compensation under Section 162(m) of the Internal Revenue Code, and other issues requiring shareholder action....

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