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Labor/Employment

Jan. 25, 2013

Plaintiffs' firm pursues class actions over equity compensation

Shareholders of San Diego-based retailer PriceSmart Inc. voted Tuesday to approve the company's plan for executive pay, but not without opposition - in the form of an increasingly trendy lawsuit.


By Laura Hautala


Daily Journal Staff Writer


Shareholders of San Diego-based retailer PriceSmart Inc. voted Tuesday to approve the company's plan for executive pay, but not without opposition - in the form of an increasingly trendy lawsuit.


Earlier this month, a single shareholder and a plaintiffs' law firm tried to delay the vote with a putative class action, claiming the board of directors withheld important information about the new ...

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