Resources: News

online

Marty Rosenbaum Offers Commentary for Pioneer Press Article About Local Company's Relocation Benefit
March 08, 2010
Marty Rosenbaum, a member of Maslon's Business and Securities Team, is quoted in an article titled "Boston Scientific to help with loss on exec's home," published in the March 3, 2010, edition of the Saint Paul Pioneer Press. The article reported that Boston Scientific's top executive will be relocating his residence from Minnesota to Massachusetts and that the company has agreed to pay up to one-third of the executive's anticipated loss - not to exceed $1 million - on the sale of his Minnesota home.

Marty commented, "If the company can get an executive to relocate rather than having to recruit from the outside, the company saves a lot of recruiting and transition costs." Noting that Boston Scientific is covering one-third of the loss up to a limit-rather than the full amount, he added, "Boston Scientific is certainly less generous than many companies."

Marty Rosenbaum has over 25 years experience advising public and privately held companies on securities and corporate matters. He regularly advises public companies of all sizes regarding preparation of public reports and proxy statements, public disclosures, insider trading, securities regulatory compliance, corporate governance matters, executive compensation and stock plan issues. Marty was named a "Leading Individual" in Minnesota in Corporate/M&A by Chambers USA in 2007, 2008 and 2009, and he is the President of the Twin Cities Chapter of the National Association of Stock Plan Professionals.

To view the article, go to: http://www.twincities.com/ and search for "Boston Scientific to help with loss on exec's home."

Related Attorneys

DISCLAIMER
Thank you for your interest in contacting us by email.

Please do not submit any confidential information to Maslon via email on this website. By communicating with us we are not establishing an attorney-client relationship, and information you submit will not be protected by the attorney-client privilege and cannot be treated as confidential. A client relationship will not be formed until we have entered into a formal agreement. You should also be aware that we may currently represent parties whose interests may be adverse to yours, and we reserve the right to continue to represent them notwithstanding any communication we receive from you.

If you would like to discuss possible representation, please call one of our attorneys directly or use our general line (p 612.672.8200). We can then fully discuss our intake procedures and, if appropriate, introduce you to an attorney suited to assist with your matter. Alternatively, you may send us an email containing a general inquiry subject to these terms.

If you accept the terms of this notice and would like to send an email, click on the "Accept" button below. Otherwise, please click "Decline."