Saturday, September 23, 2023
Courthouse News Service
Saturday, September 23, 2023 | Back issues
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Shareholder Class Action

Affiliated Computer Services shareholders say the $6.4 billion buyout offer from Xerox subsidiary Boulder Acquisition Corp. - $18.60 plus 4.935 Xerox shares for each ACS share - is insufficient, in Delaware Chancery Court.

Insiders dumped shares at elevated prices before shares of gunmaker Strum, Ruger & Co. dove by $6.45, shareholders claim in Hartford Federal Court.

SkyTerra shareholders say Harbinger Capital Partners Special Situation Fund's buyout offer of $5 a share is unfair, in Delaware Chancery Court.

Hi-Shear Technology's proposed $132 million sale to Parkway Merger Sub is too cheap, shareholders say in Los Angeles Superior Court.

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