John M. Wirtshafter, Member, McDonald Hopkins to Speak at KCís Legal Series: Say on Pay and Executive Compensation Litigation Live Webcast
New York, NY, January 16, 2013 --(PR.com
)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that John M. Wirtshafter, Member, McDonald Hopkins 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 John M. Wirtshafter
John is a Member of McDonald Hopkins LLC, in the Executive Compensation and Governance and Employee Benefits practice groups. John has extensive experience assisting mid-sized and Fortune 500 companies with employee benefits and executive compensation issues and opportunities, including benefits issues arising in mergers and acquisitions and bankruptcies, and the design and implementation of qualified and non-qualified retirement and benefits programs including ESOPs, defined benefit and defined contribution plans, cash balance programs, nonqualified deferred compensation plans, stock option and other equity participation programs, VEBAs and SERPs.
For the past four years, John was the national President of one of the largest U.S. employee benefits professional organizations, the Worldwide Employee Benefits (WEB) Network. John frequently speaks on various employee benefits topics and has been quoted and interviewed in numerous magazines and newspapers regionally and nationally.
About McDonald Hopkins
McDonald Hopkins (www.mcdonaldhopkins.com) is a business advisory and advocacy law firm with offices in six strategic locations – Chicago, Cleveland, Columbus, Detroit, Miami, and West Palm Beach.
Despite the complexity and uncertainty in the world today, McDonald Hopkins has more than 140 attorneys focused on insightful legal solutions to help clients strategically plan for an increasingly competitive future. They have a more than 80-year track record of counseling clients through the most difficult times. Their client teams are focused on providing insight for your greatest business and legal challenges and foresight for the issues on the horizon. Attorney Insight. Business Foresight.®
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.