Search for: "In re McMoRan Exploration Co. Stockholder Litig." Results 1 - 2 of 2
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21 Jun 2018, 8:37 pm by Kevin LaCroix
Just one example would be the $137.5 million settlement in the Freeport-McMoran derivative litigation, a case which arose from allegations that conflicts of interest drove Freeport-McMoran to overpay to acquire both a minority-owned affiliate, McMoran Exploration Co., and a rival company that owned 30% of McMoran Exploration, Plains Exploration & Production Co. [read post]