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Archive for the 'Legal woes' Category

Qwest’s wrong numbers…

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. [...]

Speak no evil…

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” [...]

Is Tyson turning over a new leaf?

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 [...]

Unresolved plot lines at Integral…

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 [...]

Back for another visit…

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 [...]