NasdaqGS:ECPGConsumer Finance
Encore Capital Charter Vote Tests Governance And Officer Accountability Balances
Encore Capital Group (NasdaqGS:ECPG) is asking shareholders to approve an amendment to its corporate charter.
The change would exculpate company officers from personal liability for monetary damages tied to breaches of the duty of care.
The proposal is scheduled for a vote at the upcoming annual shareholder meeting.
Encore Capital Group operates in the consumer debt buying and collections space, where regulatory scrutiny, legal risk and reputational considerations tend to be front and...