SPAC Investor Sues Over Post-Deal Slide Of Telehealth Co law360.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from law360.com Daily Mail and Mail on Sunday newspapers.
Delaware's Supreme Court adopted a new more stringent demand-futility standard for derivative suits Thursday and upheld the dismissal of a Facebook investor's $95 million derivative suit that sought to recover litigation fees Facebook spent defending CEO Mark Zuckerberg's eventually abandoned stock reclassification plan.
A Sirius XM Holdings Inc. stockholder sought damages for the company and its shareholders in Delaware's Chancery Court on Thursday in connection with controlling investor Liberty Media Corp.'s alleged ongoing plan for a slow-moving, $16 billion or more squeeze-out of minority shares, at Sirius' expense.
Del Justices Toughen Demand-Futility Test In Facebook Row law360.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from law360.com Daily Mail and Mail on Sunday newspapers.
SPAC Investor Sues Over Telehealth Co Post-Deal Slide law360.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from law360.com Daily Mail and Mail on Sunday newspapers.