Danske Bank Ex-CEO Faces $387M Lawsuit over Money Laundering Scandal February 24, 2020 By Christian Wienberg The ousted chief executive of Danske Bank A/S, Thomas Borgen, has been personally targeted in an investor lawsuit arguing he...
Argo and Shareholder Voce Lay Down Their Swords, Agree to 3 New Board Members January 2, 2020 By L.S. Howard Argo Group International Holdings Ltd., the Bermuda-based re/insurer, announced it has agreed with activist shareholder Voce Capital Management to change...
British Accountants Under Pressure to Do More to Detect Fraud at Companies December 18, 2019 By Sinead Cruise and Huw Jones British accountants could be required to look for fraud at companies they audit under proposals made in a government-backed review...
Directors and Officers Face Significantly Higher Range of Risks: Allianz Report December 4, 2019 The range of risks facing company executives, or directors and officers (D&Os), has increased significantly in recent years along with...
Insurers to Pay $21M of $41M Shareholder Settlement with Wynn Resorts December 1, 2019 By Edvard Pettersson Casino mogul Steve Wynn agreed to pay $20 million toward a settlement of shareholder lawsuits that claimed Wynn Resorts Ltd.’s...
Argo Activist Shareholder Voce Renews Battle to Elect Independent Board Members November 27, 2019 By L.S. Howard Activist shareholder Voce Capital Management LLC is renewing its fight with the board of Argo Group International Holdings Ltd. This...
BHSI Taps Warrior, Formerly with Hiscox, as Head of D&O Underwriting, UK & Ireland November 26, 2019 Berkshire Hathaway Specialty Insurance (BHSI) announced that it has expanded its European team with the addition of Chris Warrior as...
Westpac’s Money Laundering Breaches Gave ‘Free Pass to Pedophiles:’ Australia Official November 25, 2019 By Byron Kaye Australian Home Affairs Minister Peter Dutton said Westpac Banking Corp. must pay the price for giving “a free pass to...
Shareholder Suit Claims Boeing Board Liable in 737 MAX Problems November 19, 2019 By Tom Hals and Tracy Rucinski A shareholder lawsuit filed on Monday accused Boeing Co.’s board of doing nothing to investigate the safety of the 737...
Public Consultation Launched to Help Set Global Standards for Tailings Dams November 15, 2019 By Barbara Lewis A six-week public consultation launched [in London] on Friday will help set global standards to improve mining safety, aiming to...