January 28, 2016
Comments Off on Judge rules Rockville executive paid reasonably, no dividends due
After prevailing in a lawsuit brought by the bankruptcy trustee of a former co-owner, a Rockville business and its majority shareholder will be back in court next week to argue a computational error does not affect the judge’s verdict. Rehab ...
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Read More »LONDON — GlaxoSmithKline PLC has made an offer to take over Rockville-based drug maker Human Genome Sciences Inc. which values the company at nearly $2.6 billion. GlaxoSmithKline, which has profit-sharing agreements with HGS on three drugs but a minimal shareholding, ...
Tagged with: benlysta drugs GlaxoSmithKline PLC human genome sciences lupus Nasdaq price shareholder takeover
Read More »SAN FRANCISCO — A major Yahoo shareholder has made a legal demand for internal records about the embattled Internet company’s hiring of CEO Scott Thompson. Activist hedge fund Third Point LLC took the unusual step Monday as part of its ...
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Read More »SAN FRANCISCO — Yahoo CEO Scott Thompson faces calls for his ouster after just four months leading the troubled Internet company because of inaccuracies with his academic credentials. A major Yahoo shareholder who exposed the misrepresentation Thursday is now leading ...
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March 20, 2012
Comments Off on Overton elected principal at Beveridge & Diamond
Evynn M. Overton of the Baltimore office of Beveridge & Diamond, based in Washington, D.C., has been elected as a principal and shareholder of the firm. Overton’s practice is focused primarily on complex environmental litigation, white-collar criminal defense and internal ...
Tagged with: criminal defense principal shareholder University of Maryland School of Law
Read More »WILMINGTON, Del. — A Delaware judge has dismissed a shareholder lawsuit alleging that billionaire Warren Buffett and directors of Berkshire Hathaway Inc. failed to take proper action in response stock trades by former Berkshire executive David Sokol before the company’s ...
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Read More »ROCHESTER, N.Y. — Eastman Kodak Co. said Tuesday that it has realigned and simplified its business structure in an effort to cut costs, create shareholder value and accelerate its long-drawn-out digital transformation. Its depressed shares shot up 30 percent in ...
Tagged with: Bankruptcy Business camera Eastman Kodak Co. film kodak shareholder Stocks
Read More »Constellation Energy Group Inc.’s largest shareholder has dropped almost all of its holdings in the energy company, according to a filing Tuesday with the Securities and Exchange Commission. New York-based investment firm AllianceBernstein LP said in a change of stock ...
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March 28, 2011
Comments Off on 2 shareholder suits filed vs. Medifast
At least 17 law firms have started investigations, filed lawsuits or begun trawling for potential plaintiffs against weight-loss food maker Medifast Inc. since the company announced on March 11 it needed more time to file its annual report. The Owings ...
Tagged with: Capital lawsuit maryland medifast owings mills SEC securities and exchange commission shareholder
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