By Paul Hodgson – Senior Research Analyst More like CrawlBack Compensation Analyst Team Leader Scott Patterson, trawling for clawback provisions, found this half-hearted attempt from Oracle in its 2012 proxy statement. In July 2012, we adopted an interim clawback policy for our executive officers. The policy states that if Oracle restates its reported financial results, [...]
Tag Archives | Research in Motion
GMI Ratings Governance Update | Research In Motion Limited
July 16, 2012 in Corporate Governance, Daily Viewpoint, Flash Reports
A jury decided Research In Motion Limited (RIM) should pay $147.2 million in its patent infringement dispute with Mformation. As the Blackberry maker’s business collapses, its investors remain exposed to the risk of additional lawsuit-related losses ahead. Mformation sells software for managing systems containing a large number of wireless devices. The company said in a [...]
Small Print
July 13, 2012 in Daily Viewpoint, News and Opinions, Small Print
By Paul Hodgson – CCO and Senior Research Associate Unethical ethics Events Analyst Marge Schwietering found this astounding set of admissions in a survey published on July 10th. A quarter of Wall Street executives see wrongdoing as a key to success, according to a survey by whistleblower law firm Labaton Sucharow released on Tuesday. In [...]
GMI Ratings Governance Update | Research In Motion Limited
June 29, 2012 in Corporate Governance, Daily Viewpoint, Flash Reports
Research In Motion Limited is delaying the launch of its new Blackberry 10, suffering worse than expected sales, and letting go of 5,000 people. While the stock plunged more than 18% on Friday after the news, maybe investors should not have been so surprised. The troubled company has been and remains at risk of announcing [...]
GMI Ratings Governance Issue | Research In Motion Limited
June 15, 2012 in Corporate Governance, Flash Reports
Research In Motion Limited (RIM) decided to pay around $12 million to both Jim Balsillie and Mike Lazaridis, although the former co-CEOs had displeased their investors. As the BlackBerry maker falls from grace and its shareholders grow restive, its financial statements are looking shakier. Research in Motion is giving Balsillie nearly $8 million and Lazaridis [...]
Small Print
April 6, 2012 in Small Print
By Paul Hodgson – CCO and Senior Research Associate Unfeeling Company Layoff Term of the Week This week’s winner in our Unfeeling Company Layoff Term of the Week Competition is Exar. Events Team Leader Mark Magee found this example in an 8-K filing from March 28th. On March 28, 2012, Exar Corporation (EXAR) implemented a [...]