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

Shareholder Class Action

Shareholders claim International Rectifier Corp. is selling itself too cheaply to Vishay International - for $22.12 per share, or $1.6 billion - in Los Angeles Superior Court.

Shareholders accuse directors of MRV Communications of gross mismanagement, breach of fiduciary duty, waste of corporate assets and abuse of control, in Los Angeles Federal Court.

Directors of Zones Inc. are selling the company too cheaply for Zones Acquisitions, for $8.65 per share, shareholders say in King County Court, Seattle.

Directors of the Federal Home Loan Mortgage Corp. aka Freddie Mac inflated share price through false and misleading statements, shareholders claim in Manhattan Federal Court.

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