Research Finds Companies Where Chief Legal Officer is Also Corporate Secretary Experience Fewer Incidents of Shareholder Litigation, Regulatory Violations, and Regulatory Penalties [Yahoo!...
Toro Company (The) (TTC)
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Source: Yahoo! Finance
Washington, DC, April 30, 2024 (GLOBE NEWSWIRE) -- The Association of Corporate Counsel (ACC) today announced its selection for the inaugural winner of the Carl Liggio Memorial Paper Competition. The winning submission examines the legal risk implications at companies where the Chief Legal Officer (CLO) is also the Corporate Secretary, showing that the upside impact is significant, especially when combined with an independent board of directors. These companies experience fewer incidents of shareholder litigation, regulatory violations, and regulatory penalties. “While the evolution and expansion of the CLO role is well documented, including in ACC's Chief Legal Officers Survey, there remains little quantitative analysis related to outcomes,” said Veta T. Richardson, ACC president & CEO. “This research provides a convincing argument that organizations where the CLO is also the Corporate Secretary are less likely to experience future legal troubles.” “ACC is excited to announce th
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News
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- The Toro Company (NYSE: TTC) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
TTC
Earnings
- 3/7/24 - Miss
TTC
Sec Filings
- 3/22/24 - Form 8-K
- 3/22/24 - Form 4
- 3/18/24 - Form 4
- TTC's page on the SEC website