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Wednesday, June 19, 2024 | Back issues
Courthouse News Service Courthouse News Service

Shareholder Class Action

Shareholders say directors of NRG Energy unreasonably rejected a $6.2 billion buyout offer from Exelon - 0.485 Exelon shares for each NRG share - in Delaware Chancery Court.

Shareholders sued Omrix Pharmaceuticals in New York County Court, seeking to enjoin its acquisition by Johnson & Johnson.

Directors of Transmeta Corp. unfairly capped the stock price in Novafora's $255 million buyout offer, shareholders say in Santa Clara County Court, Calif.

Reserve Management Co. inflated the price of its Reserve Short-Term Trust and Reserve Yield Plus mutual funds through false and misleading statements, shareholders claim in Manhattan Federal Court.

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