News Article
Meredith Burbank Discusses Sarbanes-Oxley Compensation "Clawbacks" in News Article
June 22, 2010
CHARLOTTE, N.C.—Womble Carlyle attorney Meredith Burbank recently discussed the SEC’s ongoing attempts to “claw back” compensation improperly obtained by corporate executives. Burbank was interviewed for a major story for the current issue of Compliance Week.
The SEC is pursuing litigation against a former executive at CSK Auto Corp. seeing the return of more than $4 million in bonuses. The executive’s lawyers claim the action exceeds thebounds of Section 304 of the Sarbanes-Oxley Act.
Meredith Burbank practices primarily in the areas of securities law and executive compensation. A substantial portion of her practice includes advising public companies with respect to ongoing SEC compliance issues, disclosure issues and corporate governance matters. Burbank practices in Womble Carlyle’s Charlotte office.
Meredith Burbank practices primarily in the areas of securities law and executive compensation. A substantial portion of her practice includes advising public companies with respect to ongoing SEC compliance issues, disclosure issues and corporate governance matters. Burbank practices in Womble Carlyle’s Charlotte office.
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This document is intended as an informational reminder and does not constitute legal advice. If you have any questions or would like to discuss a particular situation, please contact Womble Carlyle Sandridge & Rice, LLP. The purpose of this article is to provide general information about significant legal developments and should not be construed as legal advice on any specific facts and circumstances.