Browsing: Board

Add to Google Preferred Sources Panel maker Giantplus Technology was suspended from trading by the Taiwan Stock Exchange starting August 19 after its board was reduced to a single member, making it impossible to approve the company’s second-quarter financial report. The company convened an extraordinary shareholders’ meeting on August 24 to fill board seats and…

The Department of Justice has launched an investigation into Andreessen Horowitz’s board seat practices, a move that’s sending ripples of concern through Sand Hill Road. The probe marks the first time federal regulators have turned their scrutiny toward the standard practice of VCs securing board representation in exchange for funding, raising questions about whether decades-old…