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Stock impact report

Ex-employee of proxy solicitor Georgeson convicted of fraud [Reuters (UK)]

Walt Disney Company (The) (DIS) 
Last walt disney company (the) earnings: 2/4 04:05 pm Check Earnings Report
Company Research Source: Reuters
Ex-employee of proxy solicitor Georgeson convicted of fraud | Reuters 3 Min Read BOSTON (Reuters) - A former senior managing director of a firm that advises companies on shareholder votes was convicted on Tuesday of participating in a scheme to bribe a proxy adviser’s employee with sports and concert tickets to learn how its investor clients were voting. A federal jury in Boston found Donna Ackerly, who worked at proxy solicitation firm Georgeson LLC, guilty of conspiracy and wire fraud charges related to her role in a scheme to bribe an Institutional Shareholder Services employee in exchange for confidential voting information. She was among five ex-employees of Computershare Ltd’s ( CPU.AX ) Georgeson unit to face charges in a case that prosecutors say shows how a black market for secret corporate information exists for purposes other than insider trading. An earlier trial of Ackerly and three other ex-Georgeson employees ended in a mistrial in March. U.S. District Judge Richard S Show less Read more
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