Ana Damonte, Counsel, Pillsbury Winthrop Shaw Pittman to Speak at KCís Legal Series: Say on Pay and Executive Compensation Litigation Live Webcast
New York, NY, January 03, 2013 --(PR.com
)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Ana Damonte, Counsel, Pillsbury Winthrop Shaw Pittman will speak at the Knowledge Congress’ webcast entitled: “Legal Series: Say on Pay and Executive Compensation Litigation. ” This event is scheduled for May 9, 2013 from 12:00pm – 2:00pm (ET).
For further details, please visit:
About Ana Damonte
Ana Damonte is Counsel in the Litigation Section of Pillsbury’s San Francisco office. Ms. Damonte represents clients in securities and commercial litigation involving complex financial and accounting issues. Prior to law school, Ms. Damonte spent several years as an auditor for two large companies and was licensed as a Certified Public Accountant. This real world experience spent analyzing complex business transactions and conducting operational and financial audits gives Ms. Damonte a unique understanding of financial and accounting issues arising in securities and commercial litigation. Over the course of her career, Ms. Damonte has represented officers and directors and/or majority shareholders in actions asserting violations of federal or state securities laws or breach of fiduciary duties.
About Pillsbury Winthrop Shaw Pittman
Pillsbury Winthrop Shaw Pittman (www.pillsburylaw.com) is a full-service law firm with a keen industry focus on the energy and natural resources, financial services, real estate and construction, and technology sectors. Based in the world's major financial, technology and energy centers, Pillsbury counsels clients on global regulatory, litigation and corporate matters. We work in multidisciplinary teams that allow us to anticipate trends and bring a 360-degree perspective to complex business and legal issues—helping clients to take greater advantage of new opportunities and better mitigate risk. This collaborative work style helps produce the results our clients seek.
One of the key trends affecting companies of all sizes is the derivative lawsuits filed by shareholders in relation to say-on-pay votes and strike suits alleging inadequate disclosure of the terms of such programs. Common grounds for shareholder derivative lawsuits include breach of fiduciary duties through the pursuance of executive compensation plans despite shareholders’ disapproval; vote on say-on-pay is negative; and company experienced poor financial performance among others. Aggressive plaintiff lawyers are also bringing suits seeking to enjoin shareholder votes based upon a claim of insufficient disclosure of the executive compensation programs. Though most of the complaints are without merit and many have been dismissed due to failure of plaintiffs to satisfy demand standards, this recent trend will likely continue. Employers and their board of directors must be ahead of the curve and gain a complete understanding of recent developments in say on pay and executive compensation litigation and what these could mean to their business.
In a two-hour live webcast, a panel of distinguished experts assembled by The Knowledge Group will offer substantive discussions this significant topic, cite and analyze recent cases and offer best practices to avoid potential costly litigation pitfalls.
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: www.knowledgecongress.org.