The company's financing of the $ 90 - million building was the subject
of shareholder lawsuits that were settled shortly before Hammer's death at age 92.
The Federal Prosecutor investigation is a result
of the shareholder lawsuits (per most reports).
When the unstoppable absurdity
of shareholder lawsuits runs into the immovable absurdity of Herbalife, they create quite an explosion.
The judge said that Facebook had no obligation to release its revenue growth forecasts in four
of the shareholder lawsuits and that the company had already «made express and extensive warnings» regarding obstacles to its mobile business.
The low incidence
of shareholder lawsuits may cause insurers to ignore the risks of insuring the errors and omissions of corporate boards, and may encourage financial institutions to lend money to marginal borrowers that are bad credit risks.
Not exact matches
CELGENE
SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS
OF $ 100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Celgene Corporation - CE
OF $ 100,000
of Lead Plaintiff Deadline in Class Action Lawsuit Against Celgene Corporation - CE
of Lead Plaintiff Deadline in Class Action
Lawsuit Against Celgene Corporation - CELG
The settlement with the Federal Trade Commission is the latest setback for Uber, which is facing a divided board
of directors and angry
shareholders after an investor
lawsuit was filed against the company's ousted chief executive.
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds
Shareholders with Losses on their Investment in Wynn Resorts Limited
of Class Action
Lawsuit and Upcoming Deadline — WYNN
Shortly after Dimon spoke, lawyers for JPMorgan filed papers in Manhattan federal court seeking to dismiss a
lawsuit accusing the bank
of deceiving
shareholders about Bruno Iksil — the JPMorgan trader nicknamed the London Whale for the size
of his positions — and the loss that ultimately topped $ 6.2 billion.
May 1 - Jacob Jacobson agreed to resign as Xerox Corp's chief executive as part
of a settlement
of a
lawsuit brought by the company's
shareholders that raised questions over Xerox's agreed deal with Japan's Fujifilm Holdings Corp, a New York court filing showed on Tuesday.
Failing to hit its projections in its first few quarters as a public company would trigger
shareholder lawsuits and cripple Spotify's ability to raise further capital, said Steve London, a partner in the securities practice
of law firm Pepper Hamilton.
Two Italian banks have proposed a deal to settle
shareholder lawsuits as they try to raise billions
of dollars to cover bad loans.
The use
of dubious billion - dollar
lawsuits to apply pressure on Alfa's partners — filed in remote regions
of Russia by obscure private
shareholders whose interests somehow overlapped perfectly with Alfa's — became a favorite calling card.
Benchmark's
lawsuit is a transparent attempt to deprive Travis Kalanick
of his rights as a founder and
shareholder and to silence his voice regarding the management
of the company he helped create.
«If Apple thinks the
lawsuit is a waste
of resources it could simply end the matter by complying with existing law and filing a new proxy that unbundles the proposed changes to the charter so that
shareholders can express their views on each matter separately,» a Greenlight spokesperson said in a statement Tuesday.
There was a flurry
of interest recently in a
lawsuit launched by some Facebook
shareholders, who apparently believe that they got the short end
of the stick in the company's recent share restructuring.
Those include a
shareholder lawsuit before a court in the German town
of Braunschweig that alleges company officials were too slow in disclosing the scandal, depriving investors
of information they needed to make decisions about their holdings.
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds
Shareholders with Losses on their Investment in Overstock.com, Inc.
of Class Action
Lawsuit and Upcoming Deadline - OSTK
SINGAPORE, April 26 (Reuters)- Goldilocks Investment Co. Ltd, a dissident
shareholder of Noble Group Ltd, filed a
lawsuit in Singapore on Wednesday against the commodities trader, seeking to prevent Noble from pursuing a debt restructuring.
Undisclosed number
of «putative class action
lawsuits» by
shareholders against Equifx and «certain»
of its current and former officers and directors.
Ravikant became something
of a celebrity in the Valley when he led a
shareholder lawsuit against the firm that had invested in his prior company, Epinions.com.
After Herzer's
lawsuit, value investor Mario Gabelli, the second - largest voting
shareholder in Viacom, called for the media company to disclose the state
of Redstone's mental competence.
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds
Shareholders with Losses on their Investment in Akorn, Inc.
of Class Action
Lawsuit and Upcoming Deadline - AKRX
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds
Shareholders with Losses on their Investment in Akorn, Inc.
of Class Action
Lawsuit and Upcoming Deadline — AKRX
Most recently, a Jan. 19
shareholder lawsuit filed in the Delaware Court
of Chancery against the boards
of Viacom and CBS Corp alleges the companies improperly paid millions for Redstone's services as executive chairman «while he was physically and mentally incapacitated.»
Shareholders filed a class - action
lawsuit accusing Mattel execs, O'Leary and former TLC CEO Michael Perik
of misleading investors about the health
of TLC and the benefits
of the acquisition to Mattel.
The securities litigation firm
of Powers Taylor LLP plans to investigate the sale and file a
lawsuit to block its progress until a higher price can be obtained for
shareholders.
Now, the scandal has prompted the departure
of CEO Pierre Duhaime, shaved 25 % from the company's stock price this year, and spawned at least two
shareholder class - action
lawsuits.
According to the terms
of the deal, Sprout's
shareholders would drop the pending
lawsuit and Valeant would get a 6 % royalty on global sales
of Addyi.
More recently, however, a few cases in the U.S.
of much higher pay have drawn some criticism from
shareholders (including several class action
lawsuits).
Outrage over the financial crisis, coupled with the perception that Wall Street executives» performances have not justified their pay, led to legislative efforts aimed at curbing executive pay, compensation - related
shareholder lawsuits and a tremendous amount
of negative press coverage.
The indictment
of Martin Winterkorn makes Volkswagen more vulnerable to
lawsuits by
shareholders who say top managers concealed risks.
«It is clear that the governance
of Viacom and CBS, both substantial publicly - traded companies, hangs in the balance, as do the interests
of those companies»
shareholders and employees,» Dauman and Abrams said in their
lawsuit.
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....
One
lawsuit filed yesterday in Northern California on behalf
of a Facebook
shareholder, Jeremiah Hallisey, alleges the company's senior management «breached their fiduciary duties by failing to prevent the initial misappropriation [
of user data by CA] and, after learning
of it in 2015, failing to inform affected Facebook users or the public markets».
Given the blood in the water, firms specializing in bringing such
lawsuits — ones alleging that board members are illegally preventing a sale that is in the best financial interest
of shareholders — are already out there, trolling for would - be investor litigants.
Herbalife Ltd. won dismissal
of a
lawsuit by a
shareholder who said he lost money after hedge - fund manager William Ackman accused the nutrition company
of being a pyramid scheme.
He added that the
lawsuit will also be filed against
shareholders of companies, if they have purses kryptowalutowe.
Some
of them have already publicly complained and filed
lawsuits claiming poor governance and alleging company executives had illegally put their own interests before that
of shareholders.
Murray also raised the question
of «whether someone [will] file a
shareholder lawsuit,» a possibility he believes is a «worry» for the company.
The disclosure came after a trio
of institutional
shareholders filed a
lawsuit Tuesday seeking the release
of the voting data.
Magna International Inc. chairman Mike Harris received only a minority
of shareholder support for his re-election earlier this year but remained on the company's board, according to new disclosure prompted by a rare
shareholder lawsuit.
Salting that wound is a class - action
lawsuit, filed today in California's Northern district, on behalf
of the social media giant's
shareholders.
Like some
shareholders of the American International Group, the Fannie and Freddie
shareholders have stooped to
lawsuits as a way
of trying to garner millions from the same government that rescued the entities.
DiNapoli previously had launched a
shareholders lawsuit against Qualcomm to nudge them in the direction
of donor disclosure.
The board
of directors
of Las Vegas - based Wynn Resorts is facing mounting
lawsuits from
shareholders — including the NYS pension fund — who allege they breached their fiduciary duties when they ignored what has been described as a longstanding pattern
of sexual abuse and harassment by the company's founder, Steve Wynn.
KeyCorp isn't worried that class - action
shareholder lawsuits challenging the bank's acquisition
of First Niagara Financial Group will derail its plans.
The comptroller's office on Monday announced what is known as a derivative
lawsuit that allows
shareholders to file legal actions on the behalf
of a corporation when its officers or directors have failed to meet their required fiduciary responsibilities.
The outcome
of the case is uncertain, but in the event that the plaintiff's claim is approved by the court, a number
of Sparinvest SICAV sub-funds can potentially gain from the
lawsuit, being former Postbank
shareholders.
One investor, Daniel Silverstein, launched a derivative
shareholder lawsuit in 2011, stating: `... defendants have engaged... in the looting
of TFG.