Archive for the 'Legal woes' Category
Wednesday, February 13th, 2008
Sometimes, it almost seems too easy to pick on Qwest (Q). The company has long had a special place in my heart, dating back to my book when I dissected their Ks and Qs from the earlier part of this decade. So I couldn’t resist when I caught the 10-K that Qwest filed late yesterday. [...]
Posted in Blog-reel, Buried treasure, Legal woes | Tags: 10Ks, frequent flyers, Qwest | 1 Comment »
Monday, February 4th, 2008
When signing employment or severance agreements, companies often insist on “non-disparagement” clauses in which executives promise not to badmouth their employers. I’m not sure why, but the number of times the word “non-disparagement” pops up in SEC filings has crept up steadily over the past few years, doubling between 2004 and 2007.
These “speak no evil” [...]
Posted in Buried treasure, Legal woes | Tags: 8Ks, employment contracts | 4 Comments »
Thursday, January 24th, 2008
Cranky markets make for cranky people, but life as we know it must continue. And here at Footnoted, life as we know it often includes posting about Tyson Foods (TSN), one of our frequent flyers (last footnoted by Michelle in November).
Friday brought the news that former Chairman/CEO Don Tyson and other insiders had settled the [...]
Posted in Legal woes, The family business, options mess | Tags: frequent flyers, Friday filings, stock options | 1 Comment »
Monday, December 17th, 2007
Sometimes I think Soap Opera Digest should cover public companies. Case in point: Integral Systems Inc. (ISYS). Integral had a good year, thanks in part to contracts with the Air Force, but it’s still playing out the later episodes of a long-running drama with several sordid plot lines.
Integral’s 10-K (filed last week) reports that in [...]
Posted in Legal woes, Odds and ends | Tags: executive exits, formal investigation, SEC | Comments Off
Monday, December 3rd, 2007
It’s been less than two months since we last footnoted UTStarcom (UTSI) and the stock has continued to decline. But that didn’t stop the company from awarding its CFO a $10 million “retention incentive” according to this agreement attached to the 8-K filed late Friday.
To be fair, the agreement is structured as an equity arrangement [...]
Posted in Blog-reel, Buried treasure, Legal woes | Tags: 8Ks, employment contracts, Friday filings | 1 Comment »