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Tag Archives: Corporate

Email Satisfies ‘Written Demand’ to Corporation (access required)

An email sent by an executor of the es­tate of the 70-percent owner of a Virginia Beach mini-golf course to the 30-percent owner and president proposing a resolu­tion of their dispute satisfied the stat­utory requirements for a valid written demand ...

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Settlement Appears Fair in Securities Fraud Case (access required)

Institutional investors in Neustar stock who have settled their securities fraud class action claims based on Neustar’s statements about its chances of winning renewal of a lucrative government contract for a central data registry of wireless telephone numbers win their ...

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Shareholder Shows ‘Scienter’ for Securities Fraud (access required)

The 4th Circuit revives a shareholder’s suit alleging a pharmaceutical company violated federal securities laws by making materially misleading statements and omissions about the development and likely approval of a new drug, Northera; defendants’ failure to disclose critical information about ...

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