Corporate Accountability Report Index-Summary

NEW YORK

– Accountant oversight, Senate approves expansion, 21; governor signs, 182
– AIG

– – Auditor liability for fraud, state law immunizes firm (Del. Ch.), 261
– – Bonuses, N.Y. AG issues subpoena for information, 341; CEO says AIG will probably comply, 342; recipient information given to N.Y. AG, 377

– Bank of America merger with Merrill Lynch, investigation

See BANKING

– Corporate counsel, new N.Y. ethics rules raise issues, 606
– Fund investing in distressed companies, fraud claim, Martin Act preempts claim (S.D.N.Y.), 46
– Kickback scheme at pension fund by former state officials, SEC and N.Y. AG file charges, 383; SEC investigation moves to Cal. with informal inquiry letter to LAFPP, 570; N.Y. AG issues subpoenas to investigate use of paid intermediaries, 571; civil charges filed involving Aldus Equity Partners and DAV/Wetherly, 605; N.Y.C. Comptroller urges SEC to reform placement agent regulations, 635
– Say-on-pay, N.Y.C. Comptroller calls for more advisory votes, 224
– Standing, under “Wagoner Rule” trustee cannot sue for wrongs committed by bankrupt debtor (S.D.N.Y.), 579
– Work product, absent class member may not view law firm files (N.Y.), 637

NEW YORK STOCK EXCHANGE (NYSE)

– Broker voting, proposal to eliminate for director elections, investor groups support, Chamber of Commerce criticizes, 408; SEC approves rule, 818; effects of rule still unknown, 912
– Independent directors, Euronext proposed rule allowing only three-quarters published for comment, 1162
– Market capitalization listing criteria temporarily lowered, 178
– Simple majority voting, Euronext may not omit from proxy materials (SEC No-Action Letter), 177

NEWSPAPERS

See MEDIA

NO-ACTION LETTERS

– Corporate Responsibility Committee, Verizon Communications may omit from proxy materials, 43
– Cumulative voting, Bank of America and Motorola cannot omit from proxies, 104
– Director elections, “short slate” rule, Amylin Pharmaceuticals dissidents can apply to multiple slates, 432
– Environmental issues report, Chevron may not omit from proxy, 470
– Shareholder proposals, and corporate impact, interview with three attorneys, 555
– Simple majority voting, NYSE Euronext may not omit from proxy materials, 177
– Special shareholder meetings, AMN Healthcare Services and Burlington Northern may not omit from proxy materials, 132

NORTH CAROLINA

– Business judgment rule protects Wachovia in hasty merger with Wells Fargo (N.C. Super. Ct.), 13
– In pari delicto bars Parmalat fraud claim against Bank of America, Grant Thornton (S.D.N.Y.), 1181

NORTH DAKOTA

– Corporate governance law changes are friendly to shareholders, 602
– Reincorporation in state likely 2009 proxy issue, 132

NYSE

See NEW YORK STOCK EXCHANGE (NYSE)