Sentences with phrase «sued by your shareholders»

With legal B corporation status, companies are allowed to favour social impact over profit without the risk of being sued by shareholders.

Redstone is likely to be sued by shareholders if she goes through with firing Moonves.

In a nutshell, if corporations aren't looking out for their bottom line, they can be sued by their shareholders.

So how can a socially responsible entrepreneur like yourself do some good like these companies (without being sued by your shareholders)?

A Greenwood Village business attorney who helped draft the Colorado law, Herrick Lidstone said, «A benefit corporation gives the (company) directors the ability to pursue public benefits without looking over their shoulders and wondering if they're going to get sued by shareholders».

In addition to the Cook County lawsuit, Facebook is also being sued by shareholders and users.

Not exact matches

More recently, in late January of this year, Magnetar received another settlement of about $ 11 million, according to regulatory filings, from CEC Entertainment — the operator of Chuck E. Cheese kid - friendly restaurants — which it had sued seeking additional shareholder compensation in CEC's 2014 buyout by private equity firm Apollo Global Management (apo).

In addition the company is being sued by its largest shareholder Quicksilver resources.

According to a document obtained by The Hollywood Reporter, Viacom is suing Harmonix shareholders for about $ 131 million.

You hereby irrevocably and unconditionally RELEASE, WAIVE, AND FOREVER DISCHARGE AND COVENANT NOT TO SUE Ubisoft Entertainment S.A., and each of its past, present and future divisions, parent companies, subsidiaries, affiliates, predecessors, successors and assigns, together with all of their respective past, present and future employees, officers, shareholders, directors and agents, and those who give recommendations, directions, or instructions or engage in risk evaluation or loss control activities regarding the Campaign (all for the purposes herein referred to as «Released Parties») FROM ANY AND ALL LIABILITY TO YOU, your assigns, heirs, and next of kin FOR ANY AND ALL CLAIMS, DEMANDS, CHARGES, LAWSUITS, DEBTS, DEFENSES, ACTIONS OR CAUSES OF ACTION, OBLIGATIONS, DAMAGES, LOSS OF SERVICE, COMPENSATION, PAIN AND SUFFERING, ATTORNEYS» FEES, AND COST AND EXPENSES OF SUIT, KNOWN OR UNKNOWN, SUSPECTED OR UNSUSPECTED, ARISING OUT OF OR RELATED TO THE PURCHASE, ACQUISITION, RENTAL, POSSESSION AND / OR USAGE, AND / OR THE INTENT TO PURCHASE, ACQUIRE, RENT, POSSESS AND / OR USE, THE ASSASSIN»S CREED UNITY VIDEO GAME AND / OR THE ASSASSIN»S CREED UNITY SEASON PASS ON ANY AND ALL PLATFORMS, AND / OR RELATED TO THE CAMPAIGN, WHETHER CAUSED BY THE NEGLIGENCE OF THE RELEASED PARTIES OR OTHERWISE.

But, since the company is owned by the shareholders, suing the company does not make a lot of sense to me, because:

Today, by a 5 - 3 vote, the Supreme Court decided Stoneridge Investment Partners v. Scientific Atlanta, rejecting the concept of «scheme liability» that would have allowed shareholders to sue third party advisers who may have facilitated the fraudulent transactions.

California Court of Appeal rules for defendants in a shareholder derivative action brought by the former CEO of a company, who alleged his company should have sued the defendants for perceived business torts.

By comparison, the Ontario Court of Appeal recently held in Rea v. Wildeboer confirmed that, though there is the availability of both oppression and derivative actions where the facts permit, there is still a distinction, and the court precluded the individual shareholder from suing in an oppression action over matters which should properly have been brought under a derivative action.

OBCA actions, and in particular oppression actions, can sometimes blur the legal distinction between a corporation and its shareholders, as often shareholders will sue in their own names for losses directly suffered by the corporation.

It also rejected the argument that a multiple derivative action comprises two derivative actions (one by the shareholders on behalf of the parent company against the subsidiary for its failure to sue the wrongdoers and one by the parent company on behalf of the subsidiary against the wrongdoers), neither of which was maintainable (the first because the subsidiary owed the parent no duty to sue the wrongdoers and the second because the parent company was in control of the subsidiary).

Merger Objection and Post-Merger Litigation: Most public company mergers and acquisitions are accompanied by a merger objection lawsuit, in which a shareholder sues the target, the target's directors and officers, the acquiring company, and any advisers on the deal, seeking to enjoin the business combination and demanding more disclosures and greater value.

The world's largest social media network was sued in San Francisco federal court Tuesday by shareholders in a class action who said they suffered losses after the disclosure that Cambridge Analytica improperly obtained profile information on 50 million users.

The world's largest social media network was sued in San Francisco federal court Tuesday by shareholders who said they suffered losses after the disclosure that Cambridge Analytica, a British company that aided Trump, improperly obtained profile information on 50 million Facebook users.