shareholder suit News
Inadequate Shareholder Disclosure and Other Killer Risks
While most of the killer risks that can torpedo a company exist within the walls of the organization, the deadliest—in terms of its hidden impact—relates to external communications, a risk expert ...
Bank Of America Wins Dismissal of Shareholder Suit Over AIG Disclosure
Bank of America Corp has won the dismissal of an unusual lawsuit in which shareholders accused it of concealing a $10 billion fraud case brought by American International Group Inc. In a decision ...
Meadowbrook Says Class Action Without Merit
Acknowledging that class actions are often launched against public companies that experience stock drops, Meadowbrook Insurance Group nonetheless issued a press statement on Thursday to respond to a ...
Tower Group, Meadowbrook Filing Delays Prompt Shareholder Investigations
After two property/casualty insurers—Tower Group International Ltd. and Meadowbrook Insurance Group—said they would delay scheduled Securities and Exchange (SEC) filings last week, law firms set ...
Anadarko To Face Narrowed Gulf Spill Shareholder Lawsuit
A federal judge ordered Anadarko Petroleum Corp, which owned part of the blown out well at the center of the 2010 Gulf of Mexico oil spill, to face a lawsuit accusing it of defrauding shareholders, ...