USA Today (Free subscription) | 25/11/2008
... awards under stock incentive plans. But the executives' stock options are worthless, the bank said.Christy Phillips-Brown, a Wachovia spokeswoman, said the actual amount of severance payments following the closing should be less than $98.1 million. This is because two of the 10 eligible executives have accepted jobs at Wells Fargo, and "several others" are in talks, she said.The executives...
The Street (Free subscription) | 25/11/2008
... and Exchange Commission. But the actual payout will be less than $98.1 million, said spokeswoman Christy Phillips-Brown on Tuesday, as two of the executives have already accepted positions with Wells Fargo. Several others are currently in discussions with the San Francisco-based bank, Phillips-Brown said. David Carroll, head of Wachovia's capital-management group, plans to...
The Street (Free subscription) | 25/11/2008
... and Exchange Commission. But the actual payout will be less than $98.1 million, said spokeswoman Christy Phillips-Brown on Tuesday, as two of the executives have already accepted positions with Wells Fargo. Several others are currently in discussions with the San Francisco-based bank, Phillips-Brown said. David Carroll, head of Wachovia's capital-management group, plans to...
Reuters UK (Free subscription) | 25/11/2008
... awards under stock incentive plans. But the executives' stock options are worthless, the bank said.Christy Phillips-Brown, a Wachovia spokeswoman, said the actual amount of severance payments following the closing should be less than $98.1 million. This is because two of the 10 eligible executives have accepted positions at Wells Fargo, and "several others" are in talks, she said.The...
NewsObserver.com - Business (Free subscription) | 13/11/2008
... leave our company, we wish CeCe and Jon the best in their new roles," said Wachovia spokeswoman Christy Phillips-Brown.Morgan Stanley and Goldman Sachs Group Inc., the last two major standalone investment firms on Wall Street, became bank holding companies in late September, after watching their peers fail or be bought out. That change has allowed them to start commercial banks to...
CNNMoney.com (Free subscription) | 21/10/2008
... unspecified monetary damages."We believe the complaint is without merit," Wachovia spokeswoman Christy Phillips-Brown said. "We intend to defend the case vigorously."
The Baltimore Business Journal (Free subscription) | 21/10/2008
... with Wolf Popper, the New York law firm that filed the suit. “Why not have a free and open vote?”Christy Phillips-Brown, a spokeswoman for Wachovia, said the suit is “without merit and we intend to defend the case vigorously.”The suit is filed as a class action. The only named shareholder is Irving Ehrenhaus, who would be the lead plaintiff.It asks a judge in the N.C. Business Court...
The New Mexico Business Weekly (Free subscription) | 21/10/2008
... with Wolf Popper, the New York law firm that filed the suit. “Why not have a free and open vote?”Christy Phillips-Brown, a spokeswoman for Wachovia, says the suit is “without merit and we intend to defend the case vigorously.”The suit is filed as a class action. The only named shareholder is Irving Ehrenhaus, who would be the lead plaintiff.It asks a judge in the N.C. Business Court...
The East Bay Business Times (Free subscription) | 21/10/2008
... with Wolf Popper, the New York law firm that filed the suit. “Why not have a free and open vote?”Christy Phillips-Brown, a spokeswoman for Wachovia, says the suit is “without merit and we intend to defend the case vigorously.”The suit is filed as a class action. The only named shareholder is Irving Ehrenhaus, who would be the lead plaintiff.It asks a judge in the N.C. Business Court...
The Sacramento Business Journal (Free subscription) | 21/10/2008
... with Wolf Popper, the New York law firm that filed the suit. “Why not have a free and open vote?”Christy Phillips-Brown, a spokeswoman for Wachovia, said the suit is “without merit and we intend to defend the case vigorously.”The suit is filed as a class action. The only named shareholder is Irving Ehrenhaus, who would be the lead plaintiff.It asks a judge in North Carolina business...
The Orlando Business Journal (Free subscription) | 21/10/2008
... a partner with , the New York law firm that filed the suit. “Why not have a free and open vote?”Christy Phillips-Brown, a spokeswoman for Wachovia, says the suit is “without merit and we intend to defend the case vigorously.”The suit is filed as a class action. The only named shareholder is Irving Ehrenhaus, who would be the lead plaintiff.It asks a judge in the N.C. Business Court...
The Jacksonville Business Journal (Free subscription) | 21/10/2008
... with Wolf Popper, the New York law firm that filed the suit. “Why not have a free and open vote?”Christy Phillips-Brown, a spokeswoman for Wachovia, says the suit is “without merit and we intend to defend the case vigorously.”The suit is filed as a class action. The only named shareholder is Irving Ehrenhaus, who would be the lead plaintiff.It asks a judge in the N.C. Business Court...
The Washington Business Journal (Free subscription) | 21/10/2008
... with Wolf Popper, the New York law firm that filed the suit. “Why not have a free and open vote?”Christy Phillips-Brown, a spokeswoman for Wachovia, says the suit is “without merit and we intend to defend the case vigorously.”The suit is filed as a class action. The only named shareholder is Irving Ehrenhaus, who would be the lead plaintiff.It asks a judge in the N.C. Business Court...
The St Louis Business Journal (Free subscription) | 21/10/2008
... with Wolf Popper, the New York law firm that filed the suit. “Why not have a free and open vote?”Christy Phillips-Brown, a spokeswoman for Wachovia, says the suit is “without merit and we intend to defend the case vigorously.”The suit is filed as a class action. The only named shareholder is Irving Ehrenhaus, who would be the lead plaintiff.It asks a judge in the N.C. Business Court...
The Atlanta Business Chronicle (Free subscription) | 21/10/2008
... with Wolf Popper, the New York law firm that filed the suit. “Why not have a free and open vote?”Christy Phillips-Brown, a spokeswoman for Wachovia, says the suit is “without merit and we intend to defend the case vigorously.”The suit is filed as a class action. The only named shareholder is Irving Ehrenhaus, who would be the lead plaintiff.It asks a judge in the N.C. Business Court...
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former wachovia employee
A great follow up story would be how Wachovia has cheated some of their employees out of any severance, myself included
never trusted them - (not a member) - 24/11/2008