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...It is one of two active companies registered to the address, which is owned by Savvas Themistocleous, the Cyprus-based owner of a fiduciary service....
...The vast majority of them will never have a contract or fiduciary duty dispute of any significance, and irritating shareholders with a forum-shopping gambit is almost certainly not worth it....
...All this reflects the rising success of US Republicans who claim “woke corporations” that take ESG factors into account and join industry climate alliances are putting politics above profits, with a leftwing...
...“Texas PSF Corporation is in full compliance with all state laws,” she said....
...The corporation, the more powerful governance body, exercises fiduciary responsibility and oversees “long-range strategy, policy, and planning as well as transactional matters of unusual consequence”....
...“Trustees need to exercise their fiduciary duties and these are heavy responsibilities that are placed on them....
...pension funds holding almost $30mn worth of Fox shares, and the state of Oregon, which holds about $5mn of the stock, combined forces to sue Fox Corp and its board of directors in September for breach of fiduciary...
...“You didn’t think you had a fiduciary responsibility to those young women?” Kennedy asked....
...And OpenAI’s rapidly reconstituted three-man board, which now includes a former chief executive of Salesforce and a former US Treasury secretary, seems better suited to carrying out traditional fiduciary...
...Politicians have accused asset managers including BlackRock, Vanguard and State Street of failing to honour their fiduciary duty....
...Corporations whose underlying purpose is better aligned with achieving such a balance are more likely to deliver the long-term outcomes that both society and investors deserve....
...And the artists that were doing that, they were accused of being sell-outs when corporations were sponsoring their concerts. Now, if you don’t have a sponsor, you’re considered a failure....
...Och this month attacked the $639mn transaction as bad for shareholders, accusing the board of breaching its fiduciary duty by selling Sculptor on the cheap....
...And, frankly, I have a fiduciary obligation to make my readers as much money as possible. Are oil and gas stocks good value though? More on that next week. The author is a former portfolio manager....
...Just last year he told Moral Money that corporations’ risk of pursuit by competition authorities due to climate action had been “exaggerated” — even as he worked as a special legal adviser to the Net-Zero...
...While the settlement brings the lawsuit filed in Delaware Superior Court to a close, it leaves Fox open to separate claims from shareholders accusing it of being in breach of fiduciary duties, one of which...
...In court filings last year ENRC admitted it had hired spies to investigate Gerrard as part of its effort to sue him for negligence and breach of fiduciary duty over work he did for the company about a decade...
...First Citizens had acquired SVB just two weeks earlier from the US Federal Deposit Insurance Corporation....
...His account was frozen when the Federal Deposit Insurance Corporation stepped in and took over SVB on Friday....
...It added: “As required by English law, we take our fiduciary obligations seriously and all action taken to date has been in the proper discharge of those duties.”...
...From a corporate governance perspective, Loews as its manager, or general partner, did not owe the Boardwalk public investors fiduciary duties typically associated with corporations....
...Beyond its fiduciary duty to its shareholders, the firm now has a broader legal obligation to other stakeholders based on its pledges to produce public benefit and to operate in a responsible and sustainable...
...The decision to review the fiduciary duties of pension fund trustees in relation to climate and energy transition risks is significant....
...I have a fiduciary duty to my companies. It’s not about causing a run on the bank, but you don’t want to be the last one holding the bag.”...
...The former HR chief “could not consciously ignore red flags indicating that the corporation was going to suffer harm”, Laster added....
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