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Home / Opinion Digests / Shareholder Can’t Stop Merger Vote (access required)

Shareholder Can’t Stop Merger Vote (access required)

In plaintiff shareholder’s suit alleging defendants violated federal securities law by providing false, misleading and incomplete information in a proxy statement and that defendant board members had conflicts of interest, a Richmond U.S. District Court denies plaintiff’s motion for a temporary restraining order to halt a vote on a proposed merger, after having granted discovery ...

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