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Salesforce.com Beats 401(k) Fee, Fund Challenge for Second Time

Salesforce.com again defeated a proposed class action challenging the investments and fees in its $2 billion 401(k) plan. A California federal judge ruled for the second time that the lawsuit was based on inappropriate comparisons among investment options and allegations of minor underperformance over a short time frame.

GE CEO’s $232 Million Pay Deal Draws Fire From Glass Lewis, ISS

General Electric Co. is nearing a tussle at its annual meeting next month after the two top shareholder advisory firms recommended a vote against Chief Executive Officer Larry Culp’s revised pay package, which lowered the bar for him to eventually collect as much as $232 million.

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