Sentences with phrase «sued by stockholders»

Some years ago, I read of a CEO of a major company in a similar fix, sued by stockholders, bought a home, actually an estate worth $ 137 million, shielded his personal fortune that way, and raised some eyebrows.

The utilities, conservation groups, and some states joined together to sue the DOE to raise the requirement, so that purchasers would not have the risk of being sued by stockholders for making the wiser longterm choice by paying more up front for more efficient equipment and longterm savings.

Not exact matches

May a corporate lawyer and his law firm be sued in Delaware as to claims arising out of their actions in providing advice and services to a Delaware public corporation, its directors, and its managers regarding matters of Delaware corporate law when the lawyer and law firm: i) prepared and delivered to Delaware for filing a certificate amendment under challenge in the lawsuit; ii) advertise themselves as being able to provide coast - to - coast legal services and as experts in matters of corporate governance; iii) provided legal advice on a range of Delaware law matters at issue in the lawsuit; iv) undertook to direct the defense of the lawsuit; and v) face well - pled allegations of having aided and abetted the top managers of the corporation in breaching their fiduciary duties by entrenching and enriching themselves at the expense of the corporation and its public stockholders?