AAR Beats Back Investors' Exec Pay Disclosure Suit

Law360, New York (April 8, 2013, 12:06 PM EDT) -- An Illinois federal judge on Thursday dismissed a complaint seeking to enjoin aviation and defense industry servicer AAR Corp.'s annual meeting unless it revealed more about how it set executive pay packages, the latest win for the defense bar in a string of similar cases.

AAR beat back shareholder allegations that its board improperly omitted information about how it decided on the pay and perk packages for CEO David Storch and four other executives.

Information purportedly left out includes why it replaced Aon Hewitt with Mercer...
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