A tearful Yates informed shareholders at the 1958 annual meeting that feature-film production was ending; the distribution offices were shut down the following year.
Even so, Mr. Greenstein recommended that boards inform shareholders promptly and often about any steps being taken in light of the District Attorney's charges.
The controversy began when Nasser informed shareholders on May 13, 1999, that they could "expect to see accelerated change" in the "diversity of our employees."
THE Bank has published its first Corporate Environmental Policy Statement to inform staff, customers and shareholders of its commitment to protecting the environment.
In Germany, new laws require universal banks acting as brokers to inform shareholders that someone else can represent them.
The company informed shareholders of the probe shortly thereafter.
Both lawsuits challenge the validity of the move announced last week, charging that Firestone directors illegally failed to inform shareholders that a relocation was being considered.
Gordon Jones, a spokesman for Sears, confirmed that the company had not informed shareholders about the litigation.
But this much is clear: to properly inform shareholders and the investing public, we must adopt better standards of disclosure and accounting practices for all of corporate America.
This should inform shareholders of aund's goals without resorting to vague phrases like "management focuses on companies with improving prospects."