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Corporate

May 22, 2015

Chancery case spotlights flaws in director equity plans

A shareholder suit brought against board members of software giant Citrix Systems caught the attention of executive compensation and corporate attorneys after the company's motion to dismiss was nixed by the Delaware Court of Chancery late last month.


By Banks Albach


Daily Journal Staff Writer


An ongoing shareholder suit brought against board members of software giant Citrix
Systems Inc. has caught the attention of executive compensation and corporate attorneys
after the company's motion to dismiss was nixed by the Delaware Court of Chancery
late last month.


The case, which deals with non-employee direct...

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