1/28/2011 - The United States Securities and Exchange Commission (“SEC”) recently adopted new rules governing “say-on-pay” advisory votes on executive compensation, “frequency” votes to determine the frequency of future “say-on-pay” votes by shareholders, and shareholder votes on “golden parachute” agreements, as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act.

3/28/2011 - In an opinion issued on March 28, 2011, Chief Judge Gregory M. Sleet of the United States District Court for the District of Delaware denied the defendants' motion to dismiss BR&B's executive-compensation and corporate governance derivative case against executives of Archer-Daniels-Midland Company (“ADM”), which alleges that ADM’s board of directors disseminated a false or misleading proxy statement on September 25, 2009.

4/11/2011 - On behalf of the State of Michigan Retirement Systems (“SMRS”), the lead plaintiff in the American International Group, Inc. (AIG) 2008 Securities Litigation, Barrack, Rodos & Bacine filed a motion for class certification, requesting that the court certify a class consisting of all persons or entities, other than defendants and their affiliates, who purchased American International Group, Inc. common stock, preferred stock and other securities that traded on a U.S.