Sentences with phrase «misled shareholders in both companies»

In mid-July, prosecutors brought allegations against Walter Forbes and E. Kirk Shelton that they misled shareholders in both companies as well as a pension fund for New Jersey state workers that was investing in the deal.

Not exact matches

Hewlett - Packard CEO Meg Whitman strongly defended the company's response to a brewing accounting scandal in a recently acquired software unit, saying that Autonomy's executives engaged in a «willful effort» to mislead HP's shareholders and management.

Toyota shareholders incensed over a sudden drop in the Japanese automaker's stock price are heading to court with lawsuits claiming company executives deliberately misled investors and the public about the depth of accelerator problems in millions of its vehicles....

Because the abuse documented at the Seaboard facility is in stark contrast to statements on the company's website about animal care, The HSUS filed legal complaints against the company with the SEC and FTC urging the agencies to require that Seaboard stop misleading its shareholders and the public.

The Wall Street Journal's editorial board has tried every trick in the book to wrongly defend ExxonMobil against allegations that the company intentionally misled shareholders and the public about the science of climate change.

There is also an increased need for legal services in connection with the protection of shareholder interest in proper compensation for damages causally related to the false or misleading statements of a company on a certain subject.

The troubles at Home Capital began when the Ontario Securities Commission alleged that several company executives misled shareholders in their handling of a scandal involving falsified documentation for a bunch of mortgages almost two years ago.»