Saturday, September 30, 2023
Courthouse News Service
Saturday, September 30, 2023 | Back issues
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Shareholder Class Action

Directors of Yahoo! face a class action accusing them of spending more than $110 million to reject buyout offers from Microsoft, then losing $22 billion in market capitalization over the next 9 months, in San Jose Federal Court.

Shareholders sued JA Solar Holdings in Manhattan Federal Court, claiming its purchase of a $100 million note from a Lehman Bros. subsidiary in July sent JA Solar stock into a nosedive.

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