Category Archives: shareholder litigation
Judge Declines To Approve Shareholder Litigation Settlement In AMC Case
According to a report from Deadline, a judge has denied a proposed “quick” settlement in a shareholder lawsuit centered around AMC. At this time, the settlement terms will not be executed. Though, the parties may still eventually be able to resolve the matter in a manner that satisfies the court. Here, our Miami shareholder… Read More »
What Do I Need To Do Before Filing A Shareholder Lawsuit?
As a minority shareholder, you must rely on other people to manage and protect your investment. In some cases, majority shareholders and/or corporate officers and directors could damage your financial interests through fraud, gross negligence, or other improper conduct. You may be entitled to relief through a shareholder lawsuit. Shareholder litigation is complex. It… Read More »
Fox News Settlement With Dominion Gives Shareholder Lawyers Tangible Evidence
Just before they were set to begin trial, in a stunning turn of events, lawyers at Fox News decided to settle the $1.6 billion lawsuit filed by voting machine company Dominion, reaching a settlement of $787.5 million. While this amount is less than half of what Dominion was seeking in damages, it is still… Read More »
Judge Allows Shareholder Lawsuit Against McDonald’s Corporate Officers To Proceed, Could Have Big Implications For Future Of Corporate Law
According to a report from The Wall Street Journal, a Delaware Court of Chancery will allow a shareholder lawsuit against a former executive of McDonald’s to proceed. The case is centered around allegations that the company failed to properly handle workplace sexual harassment. It is an important legal matter because it could have big… Read More »
Federal Judge Dismisses Shareholder Lawsuit Against DraftKings
DraftKings is one of the largest sports betting companies in the United States. It currently offers daily fantasy sports contests in Florida. According to a report from Legal Sports Report, the company recently prevailed in a shareholder lawsuit. A federal judge in the Southern District of New York dismissed a shareholder’s claim on the… Read More »
WWE Chairman Vince McMahon Faces Shareholder Lawsuit, Allegations That He Illegally Took Control Of The Company
According to a report from Bloomberg Law, Vince McMahon—the long-time head of World Wrestling Entertainment (WWE)—is being sued by a shareholder for allegedly improperly taking control over the company. Mr. McMahon resigned from his position last year after facing sexual harassment allegations. However, he returned to his leadership position at the WWE in early… Read More »
A Class Action Shareholder Claim Has Been Filed Against The Gap; Alleged Material Misrepresentations
According to a report published by the Bakersfield-Californian, a class action shareholder lawsuit was recently filed against The Gap, a clothing and accessories retail giant based in San Francisco, California. The lawsuit accused the corporation of making material misrepresentations to investors in relation to a recent brand strategy. Within this article, our Miami shareholder… Read More »
Can a Minority Shareholder Force the Majority to Buy Their Shares?
Minority shareholders face certain risks. If you are a minority shareholder, you may find yourself in a position where you simply want to get out of the business. Perhaps it is because you do not believe in the underlying company anymore, or perhaps it is because you believe that the majority shareholders are damaging… Read More »
Florida Appeals Court Rules Against Shareholder in Fraud Case
On March 21st, 2018, Florida’s Fourth District Court of Appeals ruled against a minority shareholder in an appraisal rights case. In Shiva Stein v. BBC Capital Corp, et al, the plaintiff alleged that her shareholder rights were violated under Florida state law following the merger of two financial services companies. In this article, our… Read More »
Florida Shareholder Rights: Inspection of Corporate Records
Corporations, especially private companies and closely-held firms, owe their shareholders an obligation to furnish certain business records and key information upon request. A shareholder’s right to inspect and copy corporate records is critically important. Without this right, it would be very difficult for shareholders to ensure that their financial interests are actually being protected…. Read More »
