The argument that it was well established that only a person holding
shares in the company suffering loss could bring a derivative action on behalf of that company was also rejected.
Not exact matches
As all major US indexes plummeted into correction territory — with the benchmark S&P 500
suffering its worst week
in more than two years —
share buybacks stood at a standstill as
companies sat paralyzed with fear.
PC shipments are declining overall as usual, though not as badly as anticipated — and analysts see Apple (aapl) as one of the
companies that's notably
suffering, with a drop
in market
share as well as
in shipments.
Concomitant with that decline,
companies with almost any sort of commodity exposure also
suffered substantial
share price erosion
in the period, and we took advantage of the resulting attractive valuations to establish new positions.
Tax reform resulted
in a whopping $ 13.6 billion special charge, and that not only caused J&J to
suffer a nearly $ 4 per
share loss on a GAAP basis, but it also went a long way toward nearly eliminating the
company's official profits for the entire year.
And the Australian
Shares Fund has
suffered in previous years against a benchmark propelled by the appreciation of these blue chip
companies.
Their
shares are plummeting and their borrowing costs are rising as investors worry that the
companies will
suffer losses far larger than the $ 11 billion they have already lost
in recent months.
Companies with debt / interest
in excess of that risk
suffering: i) a significantly adjusted price for their equity
in the event of a takeover — acquirer will refuse to take on debt, or will take on debt but haircut equity to compensate, ii) an eventual rights issue / placing to pay - down debt — this will probably hurt the
share price and / or dilute intrinsic value per
share significantly, or iii) investors will mark down
company severely at some point.
It's no different from the problem of shareholders trying to establish rewards for the CEO's of public
companies: if the CEO has interests that conflict with long - run
share price, or is compensated
in ways that adversely reward decisions
in the shareholders» interest, the shareholder
suffers.
Over half said the
company had
suffered a loss of revenue while a quarter said the
company suffered a drop
in share price.
The crucial question that arises is whether a person holding
shares in a parent
company, which has
suffered an indirect loss as a result of the direct loss
suffered by the subsidiary, can bring a derivative action on behalf of the subsidiary.
«As a result of Defendants» wrongful acts and omissions, and the precipitous decline
in the market value of the
Company's common
shares, Plaintiff and other Class members have
suffered significant losses and damages,» the lawsuit says.
As a result of defendants» wrongful acts and omissions, and the precipitous decline
in the market value of the
company's common
shares, plaintiff and other class members have
suffered significant losses and damages,» the lawsuit reads.
With the Galaxy S4 however things have changed, HTC has been
suffering from declining sales and
in order to regain a fraction of its lost market
share the
company needed to not only create the best phone it has ever made but also the best Android phone.
Meanwhile, the
company in the third quarter
suffered a net loss under GAAP of $ 8.7 million, or $ 0.18 per
share as compared to net income of $ 10 million, or $ 0.26 per
share the year earlier.
In October 2010, with Fortune's share price suffering from the collapse in the housing market, he bought 11 percent of the company's stoc
In October 2010, with Fortune's
share price
suffering from the collapse
in the housing market, he bought 11 percent of the company's stoc
in the housing market, he bought 11 percent of the
company's stock.