Senior Specialist 401k Recordkeeping T Bank N.A.
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Greenline Wealth Management
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Great Lakes Pension Associates, Inc.
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Retirement Solutions Specialists
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Defined Contribution Account Manager Nova 401(k) Associates
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Pollard & Associates
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Defined Contributions Compliance Consultant Loren D. Stark Company (LDSCO)
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Fringe Benefit Group
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New York City District Council of Carpenters Benefit Funds
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TPA Retirement Plan Consultant EPIC RPS (TPA/DPS)
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Plaintiffs Achieve Another Victory in Litigation Over Executive Compensation Disclosures, This Time in Delaware Federal Court
Michael S. Melbinger, Winston & Strawn LLP July 20, 2013 "[T]he proxy statement included standard, albeit, imperfect language, regarding deductibility ... The suit alleged that the representations about the availability of tax deductions were materially false or misleading ... Qualcomm and the IRS entered into an Issue Resolution Agreement ('IRA'), pursuant to which the IRS concurred with Qualcomm that the 2011 LTIP approved by shareholders was compliant with Code Sec. 162(m).... The Court determined that the IRA did not 'formally bind the IRS.' Therefore the IRA did not 'definitively rule out nondeductibility and resultant harm to Qualcomm, particularly where [plaintiff] has pled reasons the IRA may be inaccurate.'" |
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