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Last year, we discussed how stockholder complaints concerning environmental, social, and governance (“ESG”) issues were making their way to the courtroom and, specifically, how the...
Delaware Court of Chancery Clarifies That Fiduciary ‘Duty of Oversight' Applies to Officers and Extends Fiduciary Duty Claims to Include Sexual Harassment.
On January 25, 2023, in In re McDonald’s Corporation Stockholder Derivative Litigation, Vice Chancellor Travis Laster of Delaware’s Court of Chancery denied a motion to dismiss a...
SEC seeks enhanced disclosures regarding inflation impact - On December 8, 2022, Intelligize reported on the Securities and Exchange Commission’s recent comment letters re...
McDonald's Corp.'s former CEO Stephen J. Easterbrook on Monday agreed to a $400,000 fine and a five-year officer and director bar to settle the U.S. Securities and Exchange Commission's claims he lied about the circumstances leading to his termination, while the company avoided a fine in its own settlement.