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Tag Archives: Corporate

Shareholders Claim Directors Missed ‘Red Flags’ (access required)

In this shareholder derivative action against Capital One officers and directors alleging inadequate oversight of a third-party call center’s marketing of add-on products, the Alexandria U.S. District Court dismisses claims for corporate waste and unjust enrichment, but says plaintiffs have ...

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Relief for Oppressed Minority Shareholders (access required)

In this litigation involving a 67-year-old closely held mining business that the Buckingham County Circuit Court ordered to be broken up and parceled out after a finding of the company’s oppression of minority shareholders, the court makes further orders to ...

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‘Creative’ fee request shocks court’s conscience

A Richmond federal court has rejected a “simply shocking” request for nearly $1 million in attorney’s fees sought by two shareholders who sued to halt the sale of Massey Energy Company to Alpha Natural Resources Inc. U.S. District Judge John ...

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Mining company would be split under judge’s order

A 67-year-old family-owned mining business could be broken up and parceled out under a judge’s “drastic” remedy for the company’s oppression of minority shareholders. Fairfax County Circuit Judge Jane Marum Roush concluded the Disthene Group Inc. – which owns a ...

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