1. Articles in category: BoardNews

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    1. The Bloodlust of Pundits Swirls Around Jamie Dimon

      The Bloodlust of Pundits Swirls Around Jamie Dimon

      Jamie Dimon should be fired.  That seems to be the conclusion of some in the pundit class about JPMorgan Chase’s chairman and chief executive. Writers, editors and bloggers have made it clear that they want his scalp: “NOW Are We Allowed Talk About Firing Jamie Dimon?” theHuffington Post blared after news that the bank set aside $23 billion to pay legal fees and fines last week. “I have trouble wrapping my head around the positive aspects of paying a multibillion-dollar fine,” an article on TheStreet.com said of the prospect of an $11 billion settlement with the Justice ...

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    2. Securities Fraud Class Action Lawsuit Has Been Filed Against Atossa Genetics, Inc.

      Securities Fraud Class Action Lawsuit Has Been Filed Against Atossa Genetics, Inc.

      Lawfuel.com – Rigrodsky & Long, P.A., including former Special Assistant United States Attorney, Timothy J. MacFall, announces that a complaint has been filed in the United States District Court for the Western District of Washington on behalf of all persons or entities that purchased the common stock of Atossa Genetics, Inc. (“Atossa” or the “Company”) (NASDAQ CM: ATOS) between November 8, 2012 ...

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    3. At Citi, Pandit is Gone but Still Serving the Bank's Shareholders

      At Citi, Pandit is Gone but Still Serving the Bank's Shareholders

      Michael L. Corbat is approaching his first anniversary as chief executive of Citigroup. The bank’s chairman, Michael E. O’Neill, installed him after organizing a putsch to oust Vikram Pandit as C.E.O. The new boss has accelerated some cost cuts and clarified strategy around the edges, but the broad direction is still Mr. Pandit’s. Either way, it is serving shareholders well...

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    4. Westfield State Trustees Missed Warning Signs Before and After They Hired Evan Dobelle

      Westfield State Trustees Missed Warning Signs Before and After They Hired Evan Dobelle

      Westfield State University trustees knew about Evan Dobelle’s spectacular flame-out as president of the University of Hawaii on the day they hired him in December 2007. They even hosted a campus meeting where 100 people discussed whether Westfield should hire someone who had left another school amid public charges of reckless spending and broken promises...

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    5. Two Founders of BlackBerry Weighing a Takeover Offer

      Two Founders of BlackBerry Weighing a Takeover Offer

      OTTAWA — The two men who founded the company that became BlackBerry may now try to save it.  In a regulatory filing on Thursday, Mike Lazaridis and Douglas Fregin said that they were considering a bid for the 92 percent of the company that they do not own. They also said they had hired Goldman Sachs and Centerview Partners as advisers...

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    6. Activist investor Jana Partners reduces Agrium stake, pleased with changes

      Activist investor Jana Partners reduces Agrium stake, pleased with changes

      CALGARY – Jana Partners, the New York activist hedge fund that waged a proxy fight against Agrium Inc. (TSX:AGU), says it has sold down its stake in the fertilizer giant. The fund will remain among Agrium’s biggest shareholders with a 2.7 per cent stake, down from its previous 7.6 per cent position...

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    7. Activist Pushes for Split of Darden Restaurants

      Activist Pushes for Split of Darden Restaurants

      An activist investor is hungry for change at Darden Restaurants Inc. DRI +7.11%.  Hedge fund Barington Capital Group LP, along with other investors, has taken a 2.8% stake in Darden, the owner of Olive Garden, Red Lobster and six other restaurant chains. The fund is pushing for Darden to form two separate companies, among other changes, according to people familiar with the matter...

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    8. Men's Wearhouse Board Rejects Unsolicited Offer from Jos. A. Bank

      Men's Wearhouse Board Rejects Unsolicited Offer from Jos. A. Bank

      FREMONT, Calif., Oct. 9, 2013 /PRNewswire/ -- The Men's Wearhouse (NYSE: MW) today announced that its Board of Directors, after careful evaluation with the assistance of its financial and legal advisors, has determined to reject an unsolicited, non-binding proposal from Jos. A. Bank, which is subject to substantial debt and equity financing, due diligence and regulatory approval, to acquire Men's Wearhouse for $48.00 per share in cash. The Men's Wearhouse Board concluded that the proposal significantly undervalues Men's Wearhouse and its strong prospects for continued growth and value creation, and is not in the best interests ...

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