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Home / Opinion Digests / Business Law / Shareholder Action on CEO Pay Dismissed (access required)

Shareholder Action on CEO Pay Dismissed (access required)

In this shareholder derivative suit by a 33-percent owner of a private, close­ly held timber company, challenging a compensation package for a new Chief Executive Officer who is not related by blood or marriage to either of the two families who hold stock, an Alexandria U.S. District Court grants summary judgment to the company, saying ...

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