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Friday, April 19, 2024 | Back issues
Courthouse News Service Courthouse News Service

Shareholder Class Action

Shareholders says Emulex Corp. directors adopted an unfair poison pill, limited shareholders' power and wrote themselves golden parachutes upon getting a good buyout offer from Broadcom of $9.25 per share, in Delaware Chancery Court.

Bidz.com inflated its share price through false and misleading statements, shareholders claim in Los Angeles Federal Court.

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