Sentences with phrase «of shareholder lawsuits»

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 - CEOF $ 100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Celgene Corporation - CEof 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.
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