In 2009, a company violates the reporting requirements of the FCPA. The company made $10b, which triggered the CEO's $40m bonus. In 2012, the corruption comes to light and the company is fined $1b.
Can the shareholders launch a derivative suit to get the bonus back under Sarbanes Oxley and/or Dodd Frank?
Corps (securities) hypo Forum
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delusional
- Posts: 1201
- Joined: Thu Jul 15, 2010 7:57 pm
Re: Corps (securities) hypo
Never mind, the exam was this morning.
