A group of Credit Suisse investors has sued Swiss financial regulators after a government-engineered takeover of the struggling bank by rival UBS left them with billions in losses.
Tag: shareholder lawsuit
Judges Nixes Shareholder Claims Against McDonald’s Directors
A Delaware judge dismissed claims against McDonald’s directors in a shareholder lawsuit challenging the handling of sexual harassment incident.
Shareholders File Class Action Suit Against Willis Towers Watson over Aon Deal
Halper Sadeh LLP, a global investor rights law firm, announces the filing of a shareholder class action lawsuit against Willis Towers Watson Public Limited Company in connection with the proposed merger between Willis Towers and Aon plc. The lawsuit seeks damages and/or equitable relief on behalf of Willis Towers shareholders under the federal securities laws.… Continue reading Shareholders File Class Action Suit Against Willis Towers Watson over Aon Deal
Steve Wynn Pays $20 Million Toward Settlement of Shareholder Suits Against Company
Casino mogul Steve Wynn agreed to pay $20 million toward a settlement of shareholder lawsuits that claimed Wynn Resorts Ltd.’s board had been complicit in his alleged sexual misconduct. The former chief executive officer stepped down from the company in February 2018 and sold his shares after he was accused by multiple employees of forcing… Continue reading Steve Wynn Pays $20 Million Toward Settlement of Shareholder Suits Against Company
Shareholder Lawsuit Against Boeing Seeks to Hold Board Liable for 737 MAX Problems
A shareholder lawsuit filed on Monday accused Boeing Co’s board of doing nothing to investigate the safety of the 737 MAX until the fast-selling plane suffered a second deadly crash in five months. The lawsuit is the latest legal challenge facing Boeing over the 737 MAX crash in Indonesia in October 2018 that killed all… Continue reading Shareholder Lawsuit Against Boeing Seeks to Hold Board Liable for 737 MAX Problems
Former WeWork Chief Is Sued Over $1.7B Exit Payout
WeWork’s former chief executive Adam Neumann is being sued by minority shareholders angry at his $1.7bn exit package. The shared office company’s former boss stepped down in September after its botched initial public offering (IPO). In a proposed class action filed last week in San Francisco Superior Court, former WeWork employee Natalie Sojka accused the… Continue reading Former WeWork Chief Is Sued Over $1.7B Exit Payout