Proskauer's Employee Benefits & Executive Compensa

OCTOBER 19, 2022

In September 2022, Deputy Attorney General Lisa Monaco delivered remarks unveiling the Department of Justice’s revised corporate crime guidance to “prioritize and prosecute corporate crime.” To that end, Monaco emphasized that the DOJ will “reward” companies that claw back compensation from executives “when misconduct occurs.”

Executive Compensation 52

Executive Compensation Equity Compensation Incentive Compensation Compensation System 52

Proskauer's Employee Benefits & Executive Compensa

NOVEMBER 2, 2022

Twelve years after the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and many years after the Securities and Exchange Commission started considering regulations implementing the clawback provisions of Dodd-Frank, the SEC published the Final “Clawback” Rules (the “Final Rules”) on October 26, 2022.

Executive Compensation 52

Executive Compensation Incentive Compensation Retirement Plan Taxes 52

Proskauer's Employee Benefits & Executive Compensa

JULY 7, 2023

In other words, companies should not grant spring-loaded awards under any mistaken belief that they do not have to reflect any of the additional value conveyed to the recipients from the anticipated announcement of material information when recognizing compensation cost for the awards.”

Government 111

Government Incentive Compensation Executive Compensation IT 111