09
Apr

On February 20, 2019 we posted about whether the Bezos’ divorce would impact SEC disclosure requirements for public companies.  In this regard, Amazon’s recent filing may offer additional support to those who wish to argue that personal matters impacting management, or a shareholder who owns a controlling stake in the company, should be disclosed. On April 4, 2019, Amazon announced via a Form 8-K filing that MacKenzie Bezos will receive as part of ...

20
Feb

Recently the chief executive and controlling shareholder of Amazon, Jeff Bezos, and his wife, the novelist MacKenzie Bezos, announced that they will divorce.  Thus far at least the news has not had a lasting effect on Amazon’s stock price, even though investors do not know how the couple’s 16% controlling stake in the company will be affected by the divorce.  Some have suggested that investors accept the couple’s assurances that their split will be amicable.  But what if that changes?  ...