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Monday, June 24, 2024 | Back issues
Courthouse News Service Courthouse News Service

Shareholder Class Action

Shareholders of Nationwide Financial Services object to Nationwide Mutual Insurance Co.'s purchase of all outstanding shares at the "opportunistic" price of $47.20 a share, in Delaware Chancery Court.

Directors of Screen Innovations looted the company and transferred the pelf to a dummy corporation, U.S. Screen Corp., shareholders claim in a derivative lawsuit Travis County Court, Austin.

Countrywide Financial and its CEO Angelo Mozilo juggled the books to induce employees to buy Countryside stock, the employee-shareholders claim in a class action in Los Angeles Superior Court.

Shareholders claim iStar Financial defrauded them by inflating share price through false and misleading statements, in Manhattan Federal Court.

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