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In the book she recalls an exchange with a young...Source: Larry Checco, featured commentator Telling the truth means never needing to remember what you said.As I noted yesterday, and as discussed in detail here, Yahoo announced two data breaches during 2016.The first, which Yahoo announced in September 2016, took place or at least began sometime during 2014, and resulted in hackers obtaining data from over 500 million user accounts.Over the years, lawmakers have tweaked the tax code to limit disfavored forms of executive compensation, while regulators have increased the amount of disclosure companies must make. Barbara Lee (D-Calif.) has introduced the Income Equity Act of 2011 (H. 382), which would amend the Internal Revenue Code to prohibit deductions for excessive compensation for any full-time employee; compensation is defined as “excessive” if it exceeds either 0,000 or 25 times the compensation of the lowest-paid employee, whichever is larger.The objective of this study is to examine the impact of a prior limitation on deductibility of compensation, Internal Revenue Code Section 162(m).In their January 24, 2017 press release (here), the plaintiff’s lawyers state that the complaint alleges that Defendants made false or misleading statements or failed to disclose that: (i) Yahoo failed to encrypt its users’ personal information and/or failed to encrypt its users’ personal data with an up-to-date and secure encryption scheme; (ii) consequently, sensitive personal account information from more than 1 billion users was vulnerable to theft; (iii) a data breach resulting in the theft of personal user data would foreseeably cause a significant drop in user engagement with Yahoo’s websites and services; and (iv) as a result, Yahoo’s public statements were materially false and misleading at all relevant times.

The company said Wednesday it was working to identify which of its stores put up the exhibit. We assume it’s only the Ken Lays and Bernie Madoffs of the world who will cheat people. Source: nz Concept says an electric vehicle could cut annual carbon emissions by up to 1.7 tonnes over the long-term.

Short-term incentives usually are formula-driven and have some performance criteria attached depending on the role of the executive.

For example, the Sales Director's performance related bonus may be based on incremental revenue growth turnover; a CEO's could be based on incremental profitability and revenue growth.

I wouldn’t ordinarily write about the same company or set of circumstances two days in a row, but because of developments following in the wake of the data breaches Yahoo announced last year, the company’s name has come up again.

Yesterday, I wrote about the investigation the SEC reportedly is pursuing in connection with Yahoo’s alleged delays in disclosing the data breaches.

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