Shareholder Class Action

     Shareholders claim Tilman Fertitta, CEO of Landry’s Restaurants, is using inside information to try to buy up all outstanding shares for $21 apiece, or $1.3 billion, which is too cheap, in Delaware Chancery Court.

     Directors of Moody’s Corp. “reaped millions in fees” for assigning high ratings to risky, subprime mortgage-backed securities, shareholders claim in New York County Court.

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