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By The Associated Press |
May 22, 2012
One of the nation's largest pension funds says it will vote its 5.3 million shares against all of Wal-Mart's board nominees — including the company's current and former CEOs — at the retailer's annual meeting next week.
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By Colleen Long |
May 22, 2012
Long Island Rail Road employees who faked claims in order to get more lucrative pensions can avoid prosecution if they admit wrongdoing in a deal with the government.
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By Anne D'Innocenzio |
May 22, 2012
ISS, whose clients mostly include pension funds, has recommended voters not support Wal-Mart's CEO, based on alleged Mexican bribery claims.
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By Anne D'Innocenzio |
May 14, 2012
The California State Teachers' Retirement System, one of the nation's largest pension plans, filed a lawsuit in Delaware against Wal-Mart, asking that any financial damages as a result of its leaders' actions be returned to the company. It holds more than 5.3 million shares of Wal-Mart, or well under 1...
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By Anne D'Innocenzio |
May 7, 2012
The fund, which holds 5.3 million shares in the company, says Wal-Mart's executives had breached their responsibility in handling an alleged bribery scheme.
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By The Associated Press |
May 3, 2012
The fund hopes for votes against CEO Mike Duke and four other board members due to concerns about the world's largest retailer's bribery investigation in Mexico.
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By Chris Carosa |
May 2, 2012
Shareholder activism may be acceptable in the chic cafes of politics, but its verges on the cusp of fiduciary breach for those handling other peoples’ money.
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By Andy Stonehouse |
May 1, 2012
The pension funds plan on using their significant votes to try to topple Wal-Mart executives associated with a recent Mexican bribery scandal.
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By Ingrid Case |
May 1, 2012
The mainstream media predicts ACOs will kill health insurance. Others aren’t so sure.
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By Andrew Taylor |
April 25, 2012
Lawmakers are sticking mostly with proposals like cutting Obama's health care overhaul and federal employee pensions.
