The mattress maker's shareholders vote against re-election of the CEO, chairman, and the chair of the board's corporate governance committee.
Shareholders are pressuring management to "identify risks associated with climate change, rein in greenhouse gases, or assess methane emissions."
The Securities and Exchange Commission charges ex-executives with failing to accurately disclose past-due loans during the financial crisis.
Martin Lipton advises companies to meet with activists and avoid "drawn out" proxy battles.
Critcism is leveled at the proposed reporting framework's inflexibility and naive simplicity.
Absent improved accountability, bank assets could be used for objectives contrary to shareholder interests, the proxy advisor says.
How moving quickly into recapitalization mode can help CFOs keep their companies out of bankruptcy.
A Billy Joel favorite sparks thoughts of auditor independence.
The controller hid massive trading losses by taking out unauthorized and undisclosed company loans with Japanese banks and brokerage firms.
Twenty of the accounting-related class actions included allegations of improper revenue recognition, PwC finds