CHICAGO - A company's board of directors did not breach its fiduciary duty by failing to disclose certain information under the Dodd-Frank Wall Street Reform and Consumer Protection Act prior to conducting an executive "say on pay" vote because the defendants were not required to provide such information, a federal judge in Illinois ruled April 3 (Paul Noble v. AAR Corp., et al., No. 12-7973, N.D. Ill.; 2013 U.S. Dist. LEXIS 48075)....(read more)Image may be NSFW.
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