“A retirement fund for police and firefighters in Florida is suing Lululemon Athletica Inc., taking issue with a decision by Lululemon’s compensation committee to boost the maximum payout of the executive bonus plan just before a $60 million recall of yoga pants.” [New York Post]
One Comment
This just in: Luluemon Clothing stock is up almost 400% in the last 36 months. I’d reward the executive committee. But, I’ve always worked in the private sector.