Maryland’s top court nixed a real estate company’s Great Recession-era bid to buy back shares of its Class B Stock for about a penny on each dollar invested.

Tagged with: buy back contracts corporations great recession shareholders

The annual meeting's location is a sign of Baltimore Washington International Thurgood Marshall Airport’s hub status for the airline.

Tagged with: meeting shareholders Southwest Airlines Co.

Are Delaware’s judges attempting to rein in the shareholder litigation that has become an inevitable sideshow to virtually every corporate takeover? A recent opinion from the Delaware Chancery Court, home to many of these disputes, as well as the transcript ...

Tagged with: delaware mergers and acquisitions shareholders

DOVER, Del. — A Delaware judge on Thursday ordered 92-year-old Dole Food CEO David Murdock and a former top lieutenant to pay $148 million in damages for misleading directors and shareholders in a deal that took the company private in ...

Tagged with: crime shareholders Stocks

Under Armour Inc. investors approved the creation of a new class of shares that don’t have voting rights, which will maintain founder and Chief Executive Officer Kevin Plank’s control of the sporting-goods maker. The vote was a formality because Plank ...

Tagged with: Kevin Plank shareholders Stocks Under Armour

Three days after Under Armour announced a proposed change in its stock structure, a shareholders’ lawsuit was filed seeking to prevent the plan from proceeding. The potential class-action lawsuit, filed Thursday in Baltimore City Circuit Court, alleges the change will ...

Tagged with: litigation shareholders stock Under Armour

Despite a debate over whether Under Armour’s proposed change in stock structure is good for shareholders, analysts who cover the company expressed confidence that strengthening founder Kevin Plank’s control would be a positive for the fitness and apparel maker’s future. ...

Tagged with: Kevin Plank shareholders stock Under Armour

Under Armour’s board of directors approved a change to the company’s stock structure that would permit the company to continue expansion while also allowing founder and CEO Kevin Plank to maintain control. The 2-for-1 stock split, which needs approval by ...

Tagged with: Kevin Plank shareholders stock Under Armour

The retirement offer affected about 5 percent of the Sparks-based company's U.S. workforce.

Tagged with: Baltimore employees meeting shareholders

The Dolan Company’s proposed reorganization plan to exit Chapter 11 bankruptcy significantly undervalues the company’s worth, an official shareholders committee claims.

Tagged with: Bankruptcy shareholders The Daily Record The Dolan Company