Hertz Corp. and its former general counsel have reached an agreement to resolve the company`s claims to withdraw $56 million in incentive and severance pay due to misconduct, but claims against the company`s former CEO are ongoing. If a user or application submits more than 10 requests per second, other requests from the IP address may be limited for a short time. Once the request rate drops below the threshold for 10 minutes, the user can continue to access content on SEC.gov. This SEC practice is designed to limit excessive automated searches of SEC.gov and is not intended or should not affect individuals browsing the website SEC.gov. By using this website, you agree to security monitoring and auditing. For security reasons and to ensure that the public service remains accessible to users, this government computer system uses network traffic monitoring programs to identify unauthorized attempts to upload or modify information, or otherwise cause damage, including attempts to deny service to users. Note that this policy may change if the SEC manages to SEC.gov to ensure that the site operates efficiently and remains available to all users. Please report your traffic by updating your user agent to include company-specific information. Reflects complaints, responses, motions, orders and process notes filed as of January 1, 2011. Additional or older documents may be available in Pacer.
For more information, see the SEC`s Privacy and Security Policy. Thank you for your interest in the U.S. Securities and Exchange Commission. The SEC accused former Hertz CEO and chairman Mark Frissora of aiding and abetting the company in filing inaccurate financial statements and disclosures. Frissora agreed to pay the fees and reimburse Hertz nearly $2 million in incentive compensation. Frissora neither admitted nor denied the allegations. Select Parts. Unauthorized attempts to upload information and/or modify information to any part of this website are strictly prohibited and subject to prosecution under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act of 1996 (see 18 U.S. §.C §§ 1001 and 1030). The SEC has adopted amendments to modernize the description of transactions, lawsuits, and risk factor disclosures that registrants are required to make under Regulation S-K. These disclosure elements have not been substantially revised for more than 30 years.
Latest changes: Revise requirements to reflect the general evolution of. In 2015, shareholders of defendant investors Bancorp, Inc. („Investors Bancorp“ or the „Company“) voted to approve an equity incentive plan („IAP“) approved by the Company`s Board of Directors (the „Board“). After shareholders approved the EIP, the Board of Directors granted itself significant restricted share bonuses („FRG“) and stock options. Read more.. .