-
Supported By:

Subscribe or Follow
Program on Corporate Governance Advisory Board
- Peter Atkins
- David Bell
- Kerry E. Berchem
- Richard Brand
- Daniel Burch
- Paul Choi
- Jesse Cohn
- Arthur B. Crozier Christine Davine
- Renata J. Ferrari
- Andrew Freedman
- Ray Garcia
- Byron Georgiou
- Joseph Hall
- Jason M. Halper William P. Mills
- David Millstone
- Theodore Mirvis
- Philip Richter
- Elina Tetelbaum
- Sebastian Tiller
- Marc Trevino Jonathan Watkins
- Steven J. Williams
HLS Faculty & Senior Fellows
Author Archives: Tarik Samman
Insider Trading & Disclosure Updates
Insider Trading Enforcement and Litigation Pharmaceutical VP Charged with Insider Trading After Dumping Shares On March 7, 2025, the U.S. Securities and Exchange Commission (the “SEC”) charged George Demos, former Vice President of Drug Safety and Pharmacovigilance at Acadia Pharmaceuticals Inc. (“Acadia”) with securities fraud. The SEC alleged that Demos traded Acadia securities based on […]
Click here to read the complete post
Posted in Practitioner Publications
Tagged Board of Directors, Insider trading, litigation, SEC
Comments Off on Insider Trading & Disclosure Updates
Beyond the Appointment: Communicate CEO Transitions for Long-Term Success
The pace of CEO transitions significantly increased in 2024, highlighting how boards are reconsidering their leadership needs to confront persistent uncertainty and lay the groundwork for sustainable, long-term growth. Notably, shareholder activism has emerged as a powerful catalyst for these changes, with S&P 500 CEO resignations linked to activist pressure tripling since 2020. That momentum has carried into this year: January […]
Click here to read the complete post
Posted in Practitioner Publications
Tagged Board of Directors, CEOs, S&P 500, transitions
Comments Off on Beyond the Appointment: Communicate CEO Transitions for Long-Term Success
Weekly Roundup: July 18-24, 2025
Shapeshifting DEI Whistleblowers: What to Know and Expect in 2025 Posted by Elizabeth Bieber, Austin Evers, and Jennifer Loeb, Freshfields Bruckhaus Deringer LLP, on Friday, July 18, 2025 Tags: dei, SEC, U.S. Department of Justice (DOJ), Whistleblowers Key Takeaways for Asset Managers: SEC Speaks 2025 Posted by Dabney O’Riordan, Michael L. Sherman, and Ilan T. […]
Click here to read the complete postKey Developments Facing Compensation Committees for the 2025-2026 Cycle
Our firm’s partners and consulting staff have participated in more than 250 board compensation committee meetings in the first half of 2025. Through these engagements and internal firm collaboration, we have identified several key issues gaining prominence in boardroom discussions. These key developments, in no particular order, include: 1. Enhanced Executive Security 2. Potential Impact […]
Click here to read the complete post
Posted in Practitioner Publications
Tagged Boardroom, CEOs, Compensation committees, Tariffs
Comments Off on Key Developments Facing Compensation Committees for the 2025-2026 Cycle
Delaware Courts Nix Unripe Challenges to Advance Notice Bylaws and Uphold Bylaws Adopted ‘on a Clear Day’
Advance notice bylaws are commonplace among public companies, with nearly all S&P 500 companies having some form of these requirements. Traditionally, stockholder challenges to these bylaws arose where the investor had a real gripe: having their efforts to nominate a director slate blocked by an incumbent board. More recently, after the Securities and Exchange Commission’s […]
Click here to read the complete post
Posted in Delaware Law Series, Practitioner Publications
Tagged Bylaws, delaware, Delaware cases, Delaware law
Comments Off on Delaware Courts Nix Unripe Challenges to Advance Notice Bylaws and Uphold Bylaws Adopted ‘on a Clear Day’
Proxy Season Results Show Strong Support for Corporate Political Disclosure and Accountability
In marked contrast to the decline in support for Environmental & Social resolutions, votes for Governance proposals calling on companies to adopt political disclosure and accountability policies surged in the just concluded 2025 proxy season. That’s the case with the proposals filed by the Center for Political Accountability’s shareholder partners. Companies were asked to adopt […]
Click here to read the complete post
Posted in Practitioner Publications
Tagged Corporate Political Disclosure, PACs, proposals, Proxy season
Comments Off on Proxy Season Results Show Strong Support for Corporate Political Disclosure and Accountability
An Update to Aiding and Abetting Liability: M&A Buyers (Should Still) Beware
About two years ago, we wrote a post about a series of high-profile M&A cases in the Delaware Court of Chancery that highlighted the potential liability of third-party acquirors for aiding and abetting breaches of fiduciary duties by the board and executives of target corporations. More recently, the Delaware courts have provided additional guidance on how a […]
Click here to read the complete post
Posted in Delaware Law Series, Practitioner Publications
Tagged Delaware cases, Delaware law, M&A, Mergers & acquisitions
Comments Off on An Update to Aiding and Abetting Liability: M&A Buyers (Should Still) Beware
Executive Security Perks: Evolving Trends in a New Era of Risk
Executive Summary As global volatility, political tension, public scrutiny, and physical and digital threats rise, companies across corporate America are increasingly prioritizing the safety of their top executives. Of course, this trend was further exacerbated when Brian Thompson, the former CEO of UnitedHealthcare, was fatally shot in December 2024. While it was once common for […]
Click here to read the complete post
Posted in Practitioner Publications
Tagged CEOs, CFOs, NEOs, Publicly Traded Companies
Comments Off on Executive Security Perks: Evolving Trends in a New Era of Risk
Proxy Season Highlights: Shareholder and Management Proposals
The 2025 proxy season (July 1, 2024 – June 20, 2025, meetings) concluded with a significant drop in the volume of shareholder proposals from the 2024 proxy season’s record high, as environmental and social (E&S) proposals faced headwinds amid shifting political dynamics and evolving stakeholder priorities. On the management side, shareholder support remained strong across […]
Click here to read the complete post
Posted in Practitioner Publications
Tagged E&S, Management Proposals, Proxy season, Shareholder proposals
Comments Off on Proxy Season Highlights: Shareholder and Management Proposals
Season-end Summary of Shareholder Voting on 14a-8 Proposals
This summary is focused on 14a-8 proposals that were voted on by shareholders during the 2024-2025 season.1 We have a separate package of materials that covers 14a-8 challenges to inclusion brought by companies using no-action letter requests which can be obtained here. We refer to the accompanying chart which has the supporting detail for what […]
Click here to read the complete post
Posted in Practitioner Publications
Tagged Board of Directors, Rule 14a-8, Shareholder proposals, Shareholder voting
Comments Off on Season-end Summary of Shareholder Voting on 14a-8 Proposals