A law firm has started an investigation into McKesson’s Board of Directors regarding potential breaches of fiduciary duty related to a 2013 stock incentive plan. The probe focuses on whether the Board acted in shareholders’ best interests by recommending an additional issuance of shares, which could dilute existing holdings. This investigation introduces a governance risk to McKesson, highlighting concerns about equity compensation and its communication to investors amid the company’s otherwise strong stock performance.
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McKesson Board Investigation Puts 2013 Stock Plan Dilution Under Scrutiny
A law firm has started an investigation into McKesson’s Board of Directors regarding potential breaches of fiduciary duty related to a 2013 stock incentive plan. The probe focuses on whether the Board acted in shareholders’ best interests by recommending an additional issuance of shares, which could dilute existing holdings. This investigation introduces a governance risk to McKesson, highlighting concerns about equity compensation and its communication to investors amid the company’s otherwise strong stock performance.