Sentences with phrase «rare shareholder lawsuit»
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.
https://www.theglobeandmail.com/ Not exact matches
Shareholder lawsuits that accuse companies of violating fiduciary duties are rare especially in private companies, but they can be filed by shareholders to decrease profits.