She concluded that although it's important to encourage experienced counsel to take on meritorious cases that are tough — especially
because shareholder class actions are a newly developing area of law in Canada — in this case, the risks were not as great as counsel contended.
Not exact matches
It can be argued that mega-mutual fund advisors have been drawn into an alliance with the
shareholder empowerment movement on the issues of proxy access and dual
class share structures created through IPOs like Snap Inc.'s, which resulted in a
class of non-voting shares, simply
because of the business opportunity such an alliance represents.
Because the NAV per share of the Institutional
Class shares may be higher or lower than that of the Investor
Class shares at the time of conversion, although the total dollar value will be the same, a
shareholder may receive more or fewer Institutional
Class shares than the number of Investor
Class shares converted.
A C Corp offers more flexibility
because you can have several
classes of
shareholders with different voting rights.
A C Corp offers more flexibility to owners
because they can have several
classes of
shareholders, but there may be tax implications.
A C - Corp offers more flexibility
because you can have several
classes of
shareholders with different voting rights.
C Corps offer more flexibility
because you can have several
classes of
shareholders with different voting rights, but there are tax implications.
In February, the SCC granted an application for leave to appeal filed by Theratechnologies Inc. and two of its administrators in a securities
class action filed by a
shareholder who lost money
because of the issuer's alleged omission to properly inform its
shareholders of a material change in the issuer's operations.
That's
because Zuckerberg owns more than 75 % of Facebook's
class B stock, which get 10
shareholder votes — compared to the one vote for an ordinary Facebook investor who owns the A shares that are traded on Wall Street.