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- Watch Out! Shareholder Lawsuits Are Up
- CEOs, take cover! Shareholders lawsuits are back and are on the rise. According to "Corporate Board Member" magazine, the number of lawsuits in 2007 rose to 166 compared with just 116 for 2006. Some obvious reasons are the stock backdating scandal that burst on...
- Blog posts 2008-04-14
- Shareholder Litigation: Reexamining The Balance Between Litigation Agency Costs And Management Agency Costs
- Shareholder lawsuits are a principal legal means to control management agency costs in corporations, yet they generate their own agency costs from the attorneys who bring representative litigation. This article discusses key policy question, and one that is central to good corporate governance, has long been how to properly balance...
- White papers 2003-01-01
Additional Resources
- Comverse Technology slapped with shareholder lawsuit
- Reeling from a compensation scandal that sheared off 20 percent of the company's value, Comverse Technology Inc. was hit with a class-action shareholder lawsuit Thursday.
- Research articles 2006-04-20
- The Rouse Company Announces Denial of Motion for Preliminary Injunction in Shareholder Lawsuit
- COLUMBIA, Md. -- Officials at The Rouse Company (NYSE:RSE) announced that a Maryland court today denied the plaintiff's motion in a shareholder lawsuit against Rouse seeking a preliminary injunction enjoining Rouse from holding the special meeting of shareholders scheduled for Tuesday, November 9, 2004 to vote on Rouse's proposed merger...
- Research articles 2004-11-05
- Lowrance reaches agreement to settle shareholder lawsuit: Simrad
- U.S. District Judge Terence Kern issued an order Tuesday to establish a starting point in the shareholder lawsuit against Lowrance Electronics. Kern's order for a joint status report established a schedule of initial disclosure within 14 days, with up to 120 days for determining future action. ...
- Research articles 2006-03-01
- Cigna to pay $93 million settle shareholder lawsuit
- A computer nightmare from early in the decade is still haunting Cigna Corp. The Philadelphia insurance company will pay $93 million in the settlement of a class-action shareholder lawsuit, it was announced today. Shareholders contended that the company had hidden major problems with a new computer system it installed to...
- Research articles 2006-12-08
- The 8th U.S. Circuit Court of Appeals in St. Louis last week affirmed a lower court ruling that dismissed a 1999 shareholder lawsuit against Acxiom Corp
- * The 8th U.S. Circuit Court of Appeals in St. Louis last week affirmed a lower court ruling that dismissed a 1999 shareholder lawsuit against Acxiom Corp. of Little Rock. Shareholders had accused Acxiom of issuing misinformation to inflate the price for a July 23, 1999, stock offering. The case...
- Research articles 2002-07-22
- Shareholder Lawsuit Against Lernout & Hauspie Remains Pending, As Company Announces SEC Probe, Says Berman DeValerio & Pease
- Business Editors & Legal Writers BOSTON--BUSINESS WIRE--Sept. 21, 2000 A shareholder lawsuit charging Lernout & Hauspie Speech Products N.V. (NASDAQ:LHSP) with stock fraud remained pending today as the company announced a federal investigation into its accounting practices. Berman DeValerio & Pease LLP filed the class action in...
- Research articles 2000-09-21
- NorthWestern Energy Cries Foul over Touch America Shareholder Lawsuit.
- By Leslie McCartney, The Montana Standard, Butte Knight Ridder/Tribune Business News Dec. 8--NorthWestern Energy should not be included in a Touch America shareholder lawsuit, company officials told The Montana Standard Friday. They claim they are being included because Touch America...
- Research articles 2002-12-08
- NorthWestern Energy Cries Foul over Touch America Shareholder Lawsuit.
- By Leslie McCartney, The Montana Standard, Butte Knight Ridder/Tribune Business News Dec. 10--NorthWestern Energy should not be included in a Touch America shareholder lawsuit, company officials told The Montana Standard Friday. They claim they are being included because Touch America...
- Research articles 2002-12-10
- Hometown Auto Retailers Settles Shareholder Lawsuit and Agrees to Acquire 2.98 Million Class A Shares and Options of Common Stock
- WATERBURY, Conn. -- Following Acquisition of the Shares, the Company Plans to Complete the Previously Announced Exchange Agreement and Become a Private Entity Hometown Auto Retailers, Inc. (OTCBB:HCAR) today announced it has settled a shareholder lawsuit, and as a result, the company will acquire 2.74 million shares and 242,500...
- Research articles 2006-06-08
- Rural Cellular Corp. faces class-action shareholder lawsuit. (Late News).
- Rural Cellular Corp. is being sued by the law firm of Schiffrin & Barroway in a shareholder class-action lawsuit. Rural Cellular Corp. is being sued by the law firm of Schiffrin & Barroway in a shareholder class-action lawsuit.
- Research articles 2002-12-23
- Atmel Hit With 2nd Shareholder Suit (Electronic News)
- Yet another shareholder lawsuit has been filed in the U.S. District Court for the Northern District of California against certain officers and directors at IC supplier Atmel Corp. Yet another shareholder lawsuit has been filed in the U.S. District Court for the Northern District of...
- Research articles 2006-08-14
- Fresh Choice named in shareholder lawsuit
- SANTA CLARA, Calif.--BUSINESS WIRE--Jan. 16, 1995--Fresh Choice Inc. (NASDAQ: SALD) announced that it has been named as a defendant in a lawsuit alleging violations of the federal securities laws.The lawsuit is styled as a class action on behalf of purchasers of Fresh Choice Inc. common stock from July 15, 1993,...
- Research articles 1995-01-16
- Law Firm Scott + Scott Announces Class Action Lawsuit Against Michaels Stores, Inc
- Business Editors & Legal Writers COLCHESTER, Conn.--BUSINESS WIRE--Feb. 6, 2003 Scott + Scott, LLC Files Shareholder Lawsuit Against Michaels Stores, Inc. Shareholder Lawsuit Brought Against Corporation Michaels Stores Scott + Scott, LLC, a Connecticut-based law firm, announced that it commenced a class action yesterday in...
- Research articles 2003-02-06
- Shareholder Lawsuit Filed against San Diego's SureBeam Corp.
- By Bruce V. Bigelow, The San Diego Union-Tribune Knight Ridder/Tribune Business News Aug. 28--An accounting dispute that prompted San Diego's SureBeam Corp. to delay its second-...uarter financial results has triggered a shareholder suit that encompasses the company's entire history as a...
- Research articles 2003-08-28
- Shareholder lawsuit filed against Cerplex
- TUSTIN, Calif.--BUSINESS WIRE--March 3, 1995--The Cerplex Group Inc. (NASDAQ:CPLX) Friday announced that a shareholder has filed a lawsuit against the company and three of its officers in federal court in the Central District of California alleging violations of the federal securities laws.The complaint alleges that various of the company's public...
- Research articles 1995-03-03
- Appeals court finds for company in shareholder lawsuit
- SEATTLE--BUSINESS WIRE--May 15, 1996--The U.S. Ninth Circuit District Court of Appeals Wednesday (May 15) upheld the July 1994 U.S. District Court decision to dismiss a shareholder class-action lawsuit against Washington Energy Co. (NYSE: WEG) and two of its officers.Originally filed in February 1994, the suit alleged disclosure violations relating to...
- Research articles 1996-05-15
- OK judge seeks action in Lowrance Electronics shareholder suit
- After three months of silence, U.S. District Judge Terence Kern has called upon attorneys in the Lowrance Electronics shareholder lawsuit to fess up. In their March 31 joint status report, attorneys for plaintiff Troy Siebels of Medford, Mass., had suggested they could complete the class-action lawsuit's discovery and...
- Research articles 2006-07-18
- Deltek Announces Agreement To Resolve Shareholder Lawsuit; Special Meeting Of Shareholders To Be Held As Scheduled On May 31
- Deltek Systems, Inc. (NASDAQ: DLTK). Deltek today announced that it has reached an agreement to settle the lawsuit brought by Carl Brown, a shareholder of Deltek Systems, Inc., against Deltek and the six members of its Board of Directors, regarding the company's acceptance of an offer to take Deltek private....
- Research articles 1970-01-01
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