Posted inRegulatory Enforcement

Detainee Decision Casts Shadow on Corp. Lawsuits

Corporate legal departments are buzzing about a recent U.S. Supreme Court ruling over federal detention policies for would-be terrorists that could inadvertently have profound consequences for corporate litigation. Lawyers increasingly suspect—or worry, depending on which side of the lawsuit you’re on—that the Ashcroft v. Iqbal decision handed down in May could sharply raise the standard […]

Posted inBoards & Shareholders

Brightpoint Appoints New Director

$4.6 billion Brightpoint has appointed Cynthia Lucchese to its board of directors. She will serve on the audit committee. Lucchese has been the senior vice president and chief financial officer of Hillenbrand, since January 2008. Previously, she had served as senior vice president and chief financial officer for Thoratec Corporation. Prior to that, she worked […]

Posted inBoards & Shareholders

Two Hershey Board Members Resign

$5.1 billion Hershey Co. has announced the resignation of two of its directors following a disagreement based on the company’s decision to establish a finance and risk-management committee. The committee would be in charge of reviewing the company’s annual plan and strategic matters such as acquisitions and dispositions. Board members Charles Strauss and Arnold Langbo […]

Posted inBoards & Shareholders

New Board Member at Meritage Homes

$1.5 billion Meritage Homes Corporation, based in Scottsdale, Ariz., has appointed Dana Bradford to the company’s board of directors. He will serve as a member of the board’s audit, executive compensation, and nominating and corporate governance committees. Bradford is the president and managing partner of McCarthy Capital Corporation, a private equity firm based in Omaha, […]

Posted inAccounting & Auditing

Grant Thornton Appoints New Executive Director

Accounting firm Grant Thornton announced the promotion of Jason Gitstein as executive director, effective as of Aug. 1. In his role as executive director, he will be responsible for administrative oversight of the firm’s development, monitoring, and enforcement of independence quality control policies, tools, databases, and other requirements to facilitate compliance with the PCAOB and […]

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