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Some shareholders wary as Sealaska proposes trust to handle future payouts


4:59
“Sealaska’s philosophy around investments has always been one based on our Native values,” Sealaska’s chief executive Anthony Mallott says during a two-minute video produced by the corporation. “You will get the same dividend you otherwise would have gotten from Sealaska from the settlement trust, and that dividend will be non-taxable.”
But some shareholders say they see red flags in Sealaska’s 14-page proposal. That’s because it would give the board acting as the trustees unconstrained authority to decide the amount of future payouts, as well as who would receive them.
Settlement trusts are a tool used by big companies, and in this case, Sealaska’s board of directors would also serve as the trustees who would control how any money transferred into the trust would be shared and spent. ....

United States , Vicki Soboleff , Anthony Mallott , Joan Dangeli , Sealaska Settlement , Goldbelt Inc , Southeast Alaska , Alaska Native , Juneau Based Native , Sealaska Settlement Trust , Alaska Native Claims Settlement , Sealaska Corporation , ஒன்றுபட்டது மாநிலங்களில் , அந்தோணி மல்லோத்ட் , கோல்ட் பெல்ட் இன்க் , தென்கிழக்கு அலாஸ்கா , அலாஸ்கா பூர்வீகம் , ஜூனோ அடிப்படையிலானது பூர்வீகம் , அலாஸ்கா பூர்வீகம் கூற்றுக்கள் தீர்வு , சீலாஸ்கா நிறுவனம் ,

Split decision handed down in Native corporation free speech case


Split decision handed down in Native corporation free speech case
Posted by Jacob Resneck, CoastAlaska | May 18, 2021
The cover design of Goldbelt Inc.’s 2016 annual report was inspired by the late Clarissa Rizal, a Goldbelt shareholder and weaver. (Photo by Jeremy Hsieh/KTOO)
“I speak up for what I think is right,” Austin told CoastAlaska.
But the judge did find him guilty for not filling out the required paperwork before making his comments in a public forum: free speech is not a defense in these types of cases, she ruled.
“Mr. Austin’s constitutional rights were not violated by the requirement he provide the [regulators] concurrent copies of his Facebook postings, including his own re-submitted candidate posts,” administrative law judge Carmen Clark wrote in her 31-page decision. ....

United States , New Mexico , Clarissa Rizal , Susan Orlansky , Gray Austin , Leif Haugen , Carmen Clark , Jeremy Hsieh , Division Of Banking Securities , Us Congress , American Civil Liberties Union Of Alaska , Alaska Supreme Court , Exchange Commission , Goldbelt Inc , Goldbelt Corporation , Alaska Native Claims Settlement Act , Alaska Native , Supreme Court , American Civil Liberties Union , Southeast Alaska , Administrative Law Judge Carmen Clark , ஒன்றுபட்டது மாநிலங்களில் , புதியது மெக்ஸிகோ , கிளாரிசா ரிஜால் , ராய் ஆஸ்டின் , லீஃப் ௌகேங் ,