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ISS accepting peer group updates until December 9

USA - November 25 2013 Institutional Shareholder Services, Inc. ("ISS") recently announced it will accept updates to certain companies' self-selected peer groups until 5 p...

John D. Martini, Jeffrey G. Aromatorio, Kerry Halpern, Cory A. Thomas.

IRS permits mid-year changes to 401(k) safe harbor contributions

USA - November 18 2013 On November 14, 2013, the Internal Revenue Service issued final regulations that permit mid-year reductions or suspensions of safe harbor nonelective...

John D. Martini, David N. Pardys, Lori M. Atkin, Kelly L. Bley, Dennis R. Bonessa.

IRS modifies 'use-or-lose' rule for health FSAs

USA - November 12 2013 IRS Notice 2013-71 recently modified the longstanding "use-or-lose" rule for health flexible spending arrangements (FSAs) so that covered individuals...

Rachel Cutler Shim, John D. Martini, Dodi Walker Gross, Lori M. Atkin, Kelly L. Bley.

Dodd-Frank executive compensation rules: SEC proposes rules for CEOemployee pay ratio disclosure

USA - September 20 2013 On September 18, 2013, the Securities and Exchange Commission voted 3-2 to propose a new rule implementing section 953(b) of the Dodd-Frank Wall...

John D. Martini, David N. Pardys, Jeffrey G. Aromatorio, Kerry Halpern, Randall I. Cherkas.

Court strikes down shareholder suit challenging compensation disclosures

USA - August 9 2013 On August 2, 2013, a California Superior Court struck down a putative class action brought by shareholders challenging compensation disclosures in a...

John D. Martini, Jeffrey G. Aromatorio, Kerry Halpern, Cory A. Thomas.