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    1. Michael Larson Sues Swiss Chemical Company’s Board Member

      Michael Larson Sues Swiss Chemical Company’s Board Member

      Michael Larson, the money manager of Bill Gates, launched a legal battle against a board member of Swiss chemical company for violating his fiduciary duties. According to the Wall Street Journal, Cascade Investment LLC, the investment management firm controlled by Bill Gates and the Bill and Melinda Gates Foundation Trust disclosed its lawsuit against Urs Burkard, a director Sika AG, a Swiss chemical company...

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    2. Institutional Investing When Shareholders Are Not Supreme

      Institutional Investing When Shareholders Are Not Supreme

      Institutional investors, with trillions in assets under management, hold increasingly important stakes in public companies and fund individual retirement for many Americans, making institutional investors’ behaviors and preferences paramount determinants of capital allocations and the economy. In this paper, we examine high fiduciary duty institutions' (HFDIs') response to decreased profit maximization pressure as measured by the effect of constituency statutes on HFDI investment...

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    3. Facebook's Board of Directors Exercise RSUs

      Facebook's Board of Directors Exercise RSUs

      Facebook Inc (NASDAQ: FB)’s board of directors have exercised their restricted stock units, as disclosed in Form 4 filings with the Securities and Exchange Commission. Marc Andreessen, Erskine Bowles, Susan Desmond-Hellmann, Donald Graham, Reed Hastings, and Peter Thiel each exercised 7,742 RSUs leaving them with the same number of class-A common stock, reports David Cohen for AllFacebook...

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      Mentions: Investors Chairman
    1-25 of 25
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