Say-on-Pay, the New Frontier for Executive Litigation?

Section 951 of the Dodd-Frank Act established the “say-on-pay” statute, setting up what may become over time, a requirement for shareholder approval of executive compensation.  The present rules, in effect as of April of 2011, mandate public companies to conduct a separate shareholder advisory vote for approval of executive compensation and to disclose “golden parachute” […]