Robbins Geller Suffers Third Say-On-Pay Dismissal in Two Weeks

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After the Dodd-Frank Act gave public company shareholders the right to vote on executive pay, Robbins Geller Rudman & Dowd took an aggressive lead in filing shareholder derivative suits against corporate boards that that ignored negative "say-on-pay" votes. But the firm is learning the hard way that the non-binding shareholder votes don't mean all that much to the courts.

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