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Monday, May 20, 2024 | Back issues
Courthouse News Service Courthouse News Service

Shareholder Class Action

Shareholders say The Talbots Inc.'s controlling shareholders, AEON, is charging Talbot's too much for its $491 million buyout, in Delaware Chancery Court.

Interstate Hotels and Resorts is selling itself too cheaply to the Hotel Acquisition Co., a joint venture of Thayer Lodging Group and Shanghai Jin Jiang International Hotels, for $2.25 a share or $75.3 million, shareholders say in Arlington County Court, Va.

Kohlberg Capital Corp. inflated its financial performance through false and misleading statements, shareholders say in Manhattan Federal Court.

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