Is doing business in California risky? More than a few companies seem to think so. Below are few California related risks that I noticed in the risk factors section of recently filed Form 10-Ks.
Recent Posts
Yesterday's post included the following description of an article about alleged misconduct by a company's CEO:
The following fact pattern should be familiar. A high-profile news story runs detailing years of sexual harassment by the CEO of a company. Four women sued, claiming that the CEO repeatedly propositioned or groped female employees, and rewarded or...
I see the following disclosure in many Form 10-Ks:
In 1997, the Securities and Exchange Commission adopted revisions to forms and schedules filed under the Securities Act of 1933, the Securities Exchange Act of 1934, related provisions of the Investment Company Act of 1940 and the Public Utility...
I always enjoy hearing from readers of this blog, although I must admit that I enjoy it more when they are not pointing out an error. Last Friday, I noted that Professor Douglas K. Moll was questioning why California's Revised Uniform Limited...
Professor Douglas K. Moll points out a small, but significant, difference between the duty of loyalty owed by a partner under California's Uniform Partnership Act of 1994 and the duty of loyalty owed by a member or manager under California's Revised...
Earlier this month, California Senators Hannah-Beth Jackson and Toni G. Atkins introduced a bill, SB 826, that would require a publicly held corporation with its principal places of business in California to have a minimum number of women directors....
The "Tax Cuts and Jobs Act" is giving compensation committees and their advisors much to consider. Readers may recall that the limitation on a public company's ability to deduct compensation of specified officers did not apply to certain qualified...
