You know they're coming, but how with they fare? Law.com lays down the handicap.

-- MDT

Labels: lawsuit, securities, shareholders

Get the deets from BusinessWeek and SpiegelOnline.

-- MDT

Labels: class action, Deutsche Telekom, shareholders

Two Commerce Bancorp shareholders are holding out, having filed suit to stymie a planned merger between Commerce and Toronto Dominion. What is interesting here is that powerhouse shareholder firm, Bernstein Litowitz has already negotiated a settlement on behalf of a consolidated group of shareholders meant to sweeten the deal. According to attorneys of the two holde-outs, not sweet enough. They are asking that the existing settlement be thrown out in favor of a new agreement. Details via Reuters.

-- MDT

Labels: Bernstein Litowitz and Berger, Commerce Bancorp, shareholders, Toronto Dominion

On top of their beef list is the proposed re-appointment of KPMG as the firm's auditor. Sounds like sparks will fly on January 24th at Siemens annual meetings.

-- MDT

Labels: KPMG, shareholders, Siemens

An interesting history lesson for you, from Miguel Cantillo at the University of Navarra (Spain) IESE School of Business. You can read a short snippet or download the full working paper, depending on your interest and attention span.

-- MDT

Labels: Banking, shareholders

While one might argue that efforts are underway to curtail shareholder rights in the United States, the European Union appears headed in the opposite direction. One Tuesday EU government ministers approved new rules that would allow a variety of new voting powers for shareholders.

Specifically, the new regs will allow shareholders to vote electronically as well as by proxy on board elections, takeovers and other corporate actions. According to Colin Melvin, head of corporate governance and responsible investment at Hermes Pensions Management in London, ""We believe that this will enable shareholders to call directors to account more effectively and so enhance value at companies."

Get more detail via the IHT.

-- MDT

Labels: EU, regulation, shareholders