My Account | Free Trial | Sign In
Submit site feedback
National Journal.com

nationaljournal.com > Under the Influence

NationalJournal.com Home Under the Influence Home Under the Influence Home

National Journal's Under the Influence

Tuesday, November 17, 2009 10:46 AM

RiskMetrics Group has advised its clients to call for the ouster of US Chamber of Commerce chief Tom Donohue from the board of Sunrise Senior Living Inc., due to accounting irregularities at the company, Bloomberg reports.

RiskMetrics advises mutual funds and pension funds on proxy votes. The group "believes that the chronic and serious nature of the accounting issues, potential stock option misdating, and potential insider trading is indicative of a significant lack of oversight on the part of the board," the New York-based firm said in a November 6 report.

Leave a response



Get Print-friendly version of this page E-mail this page to a friend Subscribe to comments for RiskMetrics: Boot Donohue off Sunrise Board Follow us on Twitter
About    Contact    Employment    Reprints & Back Issues    Privacy Policy    Advertising
Copyright 2012 by National Journal Group Inc.
The Watergate · 600 New Hampshire Ave., NW Washington, DC 20037
202-739-8400· fax 202-833-8069 · NationalJournal.com is an Atlantic Media publication.