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In a brewing battle, the founders of Tree House Brewing Co. are firing back and denying claims made in a lawsuit by a minority shareholder Tree House Brewing Co. responds to lawsuit from minority ...
The lawsuit accused Target's board of directors of overlooking the risk of negative backlash and led the company to lose over $25 billion in market capitalization. Target must face shareholder ...
Shareholder derivative suits permit a shareholder to initiate a suit when management has failed to do so. To enable a diversity of management approaches to risks and reinforce the most common forms of corporate rules with a high degree of permissible management power, many jurisdictions have implemented minimum thresholds and grounds ...
The lawsuit from investor Brian Craig claims that Target's board focused only on activist groups' calls for diversity, equity and inclusion (DEI) measures and overlooked potential negative ...
Dodge v. Ford Motor Co., 204 Mich 459; 170 NW 668 (1919), [1] is a case in which the Michigan Supreme Court held that Henry Ford had to operate the Ford Motor Company in the interests of its shareholders, rather than in a manner for the benefit of his employees or customers.
Shareholder oppression occurs when the majority shareholders in a corporation take action that unfairly prejudices the minority. It most commonly occurs in non-publicly traded companies, because the lack of a public market for shares leaves minority shareholders particularly vulnerable, since minority shareholders cannot escape mistreatment by selling their stock and exiting the corporation. [1]
Companies, governments and venture capitalists have been hit with complaints and in some cases federal lawsuits over the constitutionality of supporting minority- or Black-owned businesses.
Allen filed a lawsuit (filed under both Allen's National Association of African-American-Owned Media and Entertainment Studios) in the United States District Court for the Central District of California against Comcast in February 2015, seeking US$20 billion in damages and citing that Comcast had used racial discrimination to deny him a ...