Hints and tips:
...If the judge agrees, shareholders can press the derivative matter themselves....
...a so-called derivative claim; shareholders are suing for harm the company itself suffered from the bad actions of the board....
...Two shareholder derivative actions in California: In re Countrywide Financial Corp. Derivative Litigation (Arkansas Teachers Retirement System) In re Countrywide Financial Corp....
...“There’s going to be some resistance or litigation. The outcome will depend on how many shareholders object. If they’re in a minority, the CME might be able to force it through.”...
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