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Wednesday, July 17, 2024 | Back issues
Courthouse News Service Courthouse News Service

Shareholders Class Action

Directors of Interwoven Inc. are selling the company to Autonomy Corp. for an unfair price of $775 million, or $16.20 a share, Interwoven shareholders say in Delaware Chancery Court.

Anadigics inflated its share price by failing to disclose bad news that caused shares to drop by 30% in a day when it came out, shareholders claim in Somerset County Court, N.J.

ING Financial Holdings sold ING Perpetual Hybrid Capital Securities through false and misleading statements, including exposure to mortgage-backed securities, shareholders say in Manhattan Federal Court. Here are the defendants: ING Groep N.V., ING Financial Holdings Corp., Stichting ING Aandelen, ING Financial Markets LLC, UBS Securities LLC, Citigroup Global Markets Inc., Merrill Lynch Pierce Fenner & Smith Inc., Wachovia Capital Markets LLC, Morgan Stanley & Co. Inc., Banc of America Securities LLC, RBC Capital Markets Corp., Credit Suisse Securities (USA) LLC, HSBC Securities (USA) Inc., J.P. Morgan Securities Inc., ABN Amro Inc., A.G. Edwards & Sons Inc., Wachovia Corp., Ernst & Young LLP, Michel Tilmant, John Hele, Cees Maas, J. Hans Van Barneveld, Eric Boyer De La Giroday, Fred Hubbell, Eli Leenaars, Alexander Rinnooy Kan, Hans Verkoren, John Egan, A.H.J. Risseeuw, H.J. Blaisse, P.M.L. Frentrop, T. Regtuijt, and J.J.M. Veraart.

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