Nuvasive's latest SEC filing says the Stock Holders voted against compensating the Directors: http://biz.yahoo.com/e/120525/nuva8-k.html """"""Approval by the Company's stockholders by advisory (non-binding) vote on the compensation of the Company's named executive officers, as disclosed in the Company's proxy statement for the Annual Meeting pursuant to the compensation disclosure rules of the SEC, failed by the following vote: Votes Votes Broker For Against Abstentions Non-Votes 11,520,323 23,651,374 149,382 3,769,575""""""""" Ouch.
Also read the statement at the bottom of that link in Nuvasive's SEC filing. Sounds like Company performance ain't doing so well. Bosses are getting compensation cut severely.
http://finance.yahoo.com/q/ks?s=NUVA+Key+Statistics Profitability / Profit Margin = -12.60% Return on Equity = -14.84% Quarterly Earnings Growth (year over year) = -71.50% Net Income Available to Common Stockholders = -$71.54 Million What's that last one about? Sounds dire.
