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Tag Archives: shareholders

Shareholders sue News Corp. over hacking scandal

NEW YORK — A group of News Corp. shareholders have sued the media conglomerate over a phone-hacking scandal at its now-closed News of the World tabloid in London. The lawsuit accuses News Corp. of large-scale governance failures surrounding the British ...

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High court revives class action against Halliburton

WASHINGTON — The Supreme Court ruled Monday that Halliburton Co. shareholders can pursue a class-action lawsuit claiming the oil services company inflated its stock price. The high court overturned a ruling against the shareholders, who want to represent all investors ...

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WaMu reaches tentative deal with shareholders

WILMINGTON, Del. — Washington Mutual Inc. has reached a tentative agreement with shareholders that could resolve their long-standing objections to the bank holding company’s proposed reorganization plan. An attorney for WMI told a federal bankruptcy judge in Delaware on Tuesday ...

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PSC may not approve Constellation-Exelon deal until early 2012

It could be January before shareholders and executives from Constellation Energy Group and Exelon Corp. learn if their proposed $7.9 billion merger will pass muster with Maryland regulators. On Friday, Constellation Energy CEO Mayo A. Shattuck III said that the ...

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Goldman Sachs limits Facebook private offering

NEW YORK — Goldman Sachs Group Inc. has prohibited U.S. investors from participating in a private offering expected to raise up to $1.5 billion for social networking site Facebook, citing widespread media coverage that could run afoul of securities guidelines. ...

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Willson: Make way for benefit corporations

Maryland has taken a national lead in helping small businesses use the power of the marketplace to address social concerns, such as sustainability. Last month, the state became the first in the nation to create a new class of businesses ...

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