Search for: "ACTION STOCK TRANSFER CORPORATION"
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27 Jul 2009, 7:58 am
Rossette, 906 A.2d 91 (Del. 2006), “stockholders may not pursue a class action where, as here, there is a pending derivative action addressing the same alleged wrongs. [read post]
27 Jul 2009, 4:00 am
Miot is the story of one brother, Alvin, who for many years owned and ran a construction and real estate business, and who in March 1985 gifted to his brother, Sanford, a 70% stock interest in a corporation called Madcat Realty Corp. [read post]
22 Jul 2009, 8:09 am
Algren, 2009-Ohio-3009 (2nd District) Link: http://www.supremecourt.ohio.gov/rod/docs/pdf/2/2009/2009-ohio-3009.pdfIn divorce action in which son claimed ownership of closely held corporate stock, wherein wife filed declaratory judgment action to determine whether son had any interest in corporation, trial court erred in granting summary judgment for wife; existence and transfer of certificates are not required as a matter of law to prove gift… [read post]
21 Jul 2009, 6:41 am
The stockholders would receive this money back, plus or minus the difference between the merger value and the fair value of the stock, only if the corporation could not reach a settlement with the stockholders and the dissenting stockholders commenced a formal action. [read post]
20 Jul 2009, 4:48 pm
“The Statement of Facts in the Birkenfeld criminal case describes additional actions taken by UBS bankers to help U.S. clients manage their Swiss accounts without alerting U.S. authorities. [read post]
13 Jul 2009, 4:00 am
The administrator's petition alleged that the surviving shareholders had engaged in "oppressive actions" toward the estate under BCL 1104-a(a)(1) and had looted, wasted and diverted the corporation's property for non-corporate purposes under BCL 1104-a(a)(2). [read post]
5 Jun 2009, 3:52 pm
Have you made any transfers of any sort in the last year? [read post]
22 May 2009, 2:34 am
Shareholders Win Japanese Class Action: According to news reports (here), on May 21, 2009, shareholder plaintiffs won a 7.6 billion yen ($81 million) securities class action verdict against Takafume Horie, the founder of failed Internet company Livedoor, and other Livedoor executives. 3,340 individual and corporate shareholders had brought the action, which alleged that the defendants "used stock swaps and other dubious maneuvers to… [read post]
18 May 2009, 5:00 am
Dissolution is appropriate if the directors or those in control of the corporation are looting the corporate assets to enrich themselves at the expense of the minority shareholders; continuing the corporation solely to benefit those in control; or that the actions of the directors or those in control has been calculated to depress the capital of the corporation in order to coerce the minority shareholders to sell their stock at… [read post]
14 May 2009, 9:51 pm
United States, 221 U.S. 1 (1911) the Supreme Court of the United States found Standard Oil guilty of entering into contracts in restraint of trade and monopolizing the petroleum industry through a long convoluted series of anticompetitive actions. [read post]
26 Apr 2009, 9:40 pm
The latter typically sets forth the stock interests of the individual shareholders, designates directors and officers, and contains restrictions on the transfer of shares, among other provisions. [read post]
23 Apr 2009, 12:30 pm
Similar to protective provisions in a Series A preferred stock financing, there are certain fundamental actions that cannot be taken without the consent of holders of more than 50% of the Class F common stock. [read post]
14 Apr 2009, 6:55 am
Third, while we find support for information transfer from quarter-end 10-K filers to the other firms, we find no significant equity analyst forecast revisions around any type of periodic SEC filings, and no evidence of a calendar quarter-end effect in analyst reactions, suggesting that analyst actions do not contribute to the information transfer. [read post]
13 Apr 2009, 5:44 pm
Thus, the court concluded that the failure to promptly register the stock had no economic effect upon the plaintiff corporation which was required to transfer the stock to its individual shareholders. [read post]
9 Apr 2009, 9:27 am
(Promote the Progress) N D Illinois one step closer to adopting patent rules (Peter Zura's 271 Patent Blog) Innovate Texas Foundation launched to accelerate state’s IP commercialisation (Technology Transfer Tactics) Special Masters a [read post]
27 Mar 2009, 4:35 pm
(If preferred stock is equity, there is still a state corporate law claim for "waste. [read post]
24 Mar 2009, 9:22 am
See In re Valuation of Common Stock of McLoon Oil Co., 565 A.2d 997 (Me.1989); In re Valuation of Common Stock of Libby, McNeill & Libby, 406 A.2d 54 (Me.1979). [read post]
23 Mar 2009, 4:30 am
EB 110's minute book and stock ledger were blank, although stock certificates Nos. 1 through 4 were removed. [read post]
21 Mar 2009, 7:26 am
The shareholders argued that their claim for damages should not be transferred to the new corporation and their standing to bring the action should not cease because of the merger; rather, the action should pass to the old shareholders as a group. [read post]
15 Mar 2009, 12:53 pm
Will the representation be contracted out to private securities class action firms? [read post]
