May 05, 2007
Dow Jones Lawsuit
Posted by Gordon Smith

An individual shareholder has sued the board of Dow Jones:

The suit, which is seeking a class action against family members, said they "failed to exercise sound and proper business judgment" and "are not acting in good faith and have deliberately breached their fiduciary duties" toward public shareholders.

Dow Jones is a Delaware corporation, and this sort of claim would be governed by Delaware law. For reasons already discussed, this lawsuit is a loser.

Corporate Governance, Corporate Law | Bookmark

TrackBacks (0)

TrackBack URL for this entry:
https://www.typepad.com/services/trackback/6a00d8345157d569e200d8350002e353ef

Links to weblogs that reference Dow Jones Lawsuit:

Bloggers
Papers
Posts
Recent Comments
Popular Threads
Search The Glom
The Glom on Twitter
Archives by Topic
Archives by Date
January 2019
Sun Mon Tue Wed Thu Fri Sat
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31    
Miscellaneous Links