Sentences with phrase «shareholder lawsuit filed»
The complaint was filed in the U.S. District Court in San Jose, California, several hours after Facebook was blamed in a shareholder lawsuit filed in nearby San Francisco for the drop in its stock price after the data harvesting was revealed.
https://www.reuters.com/
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.»
Not exact matches
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.
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.
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.
«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.
He's still going to have to deal with lawsuits shareholders filed against the Tesla - SolarCity merger prior to the vote.
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.
Abu Dhabi - based Goldilocks, which holds an 8.1 percent stake in Noble, filed lawsuits in Singapore last week, saying Noble is not recognising its «legitimate legal rights» as a shareholder.
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.
In addition to announcing the challenge to Apple's shareholder proposal, Greenlight also filed a lawsuit in U.S. federal court in New York to block the amendment, saying such a move violates shareholders» rights.
The move to change the rules around issuing such stock upset Einhorn, who went public with the dispute and filed a lawsuit to block the vote, scheduled for Apple's annual shareholder meeting Feb. 27.
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».
On Tuesday, another shareholder lawsuit was filed.
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 California Public Employees» Retirement System said on Dec. 12 that it has filed a lawsuit against internet company IAC / InterActiveCorp and its controlling shareholder Barry Diller.
The disclosure came after a trio of institutional shareholders filed a lawsuit Tuesday seeking the release of the voting data.
Salting that wound is a class - action lawsuit, filed today in California's Northern district, on behalf of the social media giant's shareholders.
A Tribune Publishing shareholder filed a lawsuit in a Delaware court Wednesday, charging Chairman Michael Ferro and the board with breaching their fiduciary duty in rejecting Gannett's $ 15 - per - share offer to buy the company.
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.
Today an irate shareholder filed a lawsuit in California to prevent the company from going private.
Today an irate shareholder filed a lawsuit in California to prevent the company from going... [Read more...]
Shareholders are actually filing a class action lawsuit against HP now due to the fact that in restructuring the company is killing the stocks.
We will almost certainly be filing multiple lawsuits against Fusion Garage, and possibly Chandra and his shareholders as individuals, shortly.
Arrington says TechCrunch intends to file lawsuits against Fusion Garage and may also sue Rathakrishnan and individual Fusion Garage shareholders.
There are more details you can read, and Arrington said TechCrunch «will almost certainly be filing multiple lawsuits against Fusion Garage, and possibly Chandra and his shareholders as individuals, shortly.»
This time, shareholders have filed a lawsuit against the Wilmington - based student loan provider.
The deal has, however, attracted the ire of The Pennsylvania Funds, an AVGN shareholder, who has filed a class action lawsuit on behalf of all AVGN stockholders.
For example, Zynga shareholders recently filed a lawsuit against the company for failing to (among other things) capitalize on the mobile market quickly enough.
This e-newsletter recently reported that shareholders filed two potential shareholder class action lawsuits against Facebook (Pathan, No. 53760 / 12 and Dewhurst, No. 100 S of 2012) in Ontario and Saskatchewan for alleged collusion with bankers leading to investor losses.
Ackman's Pershing Square Capital Management files lawsuit to ensure request to hold special shareholder meeting would not trigger poison pill takeover defense, Reuters
Knepper's departure comes on the heels of the lawsuit she filed Jan. 12 accusing the firm of fostering a male - dominated culture in which male shareholders are «grossly overrepresented» at the top tier of the firm's management structure.
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.
Shareholders derivative lawsuit filed against a depository bank's former and current officers and directors alleging corporate misconduct relating to $ 1.5 billion of deposits relating to money laundering allegations.
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».
Lawsuits from shareholders and Facebook users have also been filed.
Salting that wound is a class - action lawsuit, filed today in California's Northern district, on behalf of the social media giant's shareholders.
Two other lawsuits were filed in San Francisco Tuesday and San Jose on Thursday by individual shareholders Fan Yuan and Robert Casey against Facebook, Chief Executive Mark Zuckerberg and Chief Financial Officer David Wehner.
On Tuesday, another shareholder lawsuit was filed.
Fan Yuan, who owns Facebook stock, filed a lawsuit Tuesday in the District Court of Northern California, located in San Francisco, on behalf of Facebook shareholders.
The fourth lawsuit, submitted yesterday in San Jose by attorney Jeremiah Hallisey, is filed on behalf of the company's shareholders against Zuckerberg, COO Sheryl Sandberg, and board members.
SFGate also reported: «Two other lawsuits were filed in San Francisco Tuesday and San Jose on Thursday by individual shareholders Fan Yuan and Robert Casey against Facebook, Chief Executive Mark Zuckerberg and Chief Financial Officer David Wehner.»
Two other lawsuits filed by shareholders Fan Yuan and Robert Casey are also seeking class - action cases.
These lawsuits are being filed by the company's shareholders and regular users alike.
The Receiver filed a lawsuit against the MLS and its shareholder associations, alleging that they were maintaining an illegal monopoly for the listing of real estate and illegally tying association membership to participation in the MLS.
A federal court has considered a motion filed by shareholder REALTOR ® associations seeking dismissal from a lawsuit alleging antitrust violations against a regional multiple listing that the associations jointly owned.