Amazon Buys 767-300's. Who will fly them?
#51
#52
Gets Weekends Off
Joined APC: Aug 2016
Posts: 493
Did anybody notice that Amazon today filed an appeal at the NLRB? Apparently, the NLRB allowed mail-in voting in the unionization drive at one of Amazon's warehouses in Alabama because of Covid, and Amazon objects to this varying of the normal law that requires voting in person.
Amazon apparently thinks that mail-in voting in union elections is subject to manipulation.
Amazon apparently thinks that mail-in voting in union elections is subject to manipulation.
#54
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Joined APC: Sep 2014
Posts: 694
Did anybody notice that Amazon today filed an appeal at the NLRB? Apparently, the NLRB allowed mail-in voting in the unionization drive at one of Amazon's warehouses in Alabama because of Covid, and Amazon objects to this varying of the normal law that requires voting in person.
Amazon apparently thinks that mail-in voting in union elections is subject to manipulation.
Amazon apparently thinks that mail-in voting in union elections is subject to manipulation.
And unless I've completely lost my mind, I recall mailing in union ballots several times before.
Let's talk straight: Amazon would have disputed the process no matter what.
#55
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Joined APC: Jul 2017
Posts: 1,349
Pot, meet kettle.
#56
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Joined APC: Sep 2014
Posts: 694
Voting is vital. It's the only real say we have in our futures. It would be nice if we got the chance to do so. As is, are we able to criticize moves to limit representation elsewhere? We are in trusteeship, lead by people who have exceeded their mandate or have been installed by people we don't know.
Pot, meet kettle.
Pot, meet kettle.
Apple meet orange.
#58
What wasn't in the article was that Amazon was very careful to remain under 20% ownership so as to not trigger public reporting law requirements.... they also bypassed putting a member on the BOD for the same reason. They ended up at 19.5% ownership.
#59
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Joined APC: Apr 2007
Posts: 1,809
There fixed it for you. Unless you just played golf with JB.
#60
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Joined APC: Sep 2019
Posts: 1,538
Maybe this'll help clear things up:
Section 16 also establishes mechanisms for a company to recover “short swing” profits, or profits an insider realizes from a purchase and sale of the company’s security that occur within a six-month period. In addition, Section 16 prohibits short selling by insiders of any class of the company’s securities, whether or not that class is registered under the Exchange Act.
Beneficial Ownership Reports – Public Company SEC Reporting Requirements for Insiders
If a company has registered a class of its equity securities under the Exchange Act, shareholders who acquire more than 5% of the outstanding shares of that class must file beneficial owner reports on Schedule 13D or 13G until their holdings drop below 5%. These filings contain background information about the shareholders who file them as well as their investment intentions, providing investors and the company with information about accumulations of securities that may potentially change or influence company management and policies.Public Company SEC Reporting Requirements and Transaction Reporting by Officers, Directors and 10% Shareholders
Section 16 of the Exchange Act applies to an SEC reporting company’s directors and officers, as well as shareholders who own more than 10% of a class of the company’s equity securities registered under the Exchange Act. The rules under Section 16 require these “insiders” to report most of their transactions involving the company’s equity securities to the SEC within two business days.Section 16 also establishes mechanisms for a company to recover “short swing” profits, or profits an insider realizes from a purchase and sale of the company’s security that occur within a six-month period. In addition, Section 16 prohibits short selling by insiders of any class of the company’s securities, whether or not that class is registered under the Exchange Act.
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