Plug Power Announces Adjournment of Special Meeting of Stockholders

The Company urges all eligible stockholders to vote promptly to ensure their views are represented by following the detailed ...
JD Supra

Minority Stockholder Was Not a Controller Because Plaintiff Did Not Adequately Plead Actual Control of the Company’s Business Affairs

It is axiomatic that directors and officers of a Delaware corporation owe fiduciary duties to stockholders (and the company). Controlling stockholders also owe fiduciary duties. A stockholder is ...
JD Supra

Controlling Stockholder Transactions That Do Not Involve a Freeze-Out Merger May Satisfy MFW to Obtain Business Judgment Review

In Kahn v. M&F Worldwide, 88 A.3d 635 (Del. 2014) (MFW), the Delaware Supreme Court ruled that a controlling stockholder transaction involving a freeze-out merger, which is structured to include ...

AMERICAN REBEL HOLIDNGS, INC. (NASDAQ: AREB; AREBW) REANNOUNCES 1-FOR-20 REVERSE STOCK SPLIT OF ITS COMMON STOCK AND PUBLICLY TRADED WARRANTS WITH ...

America’s Patriotic Brand (the “Company”), today confirmed that it will effect a reverse stock split of its outstanding shares of common stock, par value $0.001 per share (the “Common Stock”), and ...

Delaware Supreme Court sides with Moelis over stockholder agreement

By Tom Hals WILMINGTON, Delaware, Jan 20 (Reuters) - A Moelis & Co shareholder cannot challenge an agreement with Ken Moelis ...
Houston Chronicle

What Goes Into a Stockholder's Report?

Large and small corporations engage in the annual ritual of drafting the stockholder's report. The report places the company's achievements on display for shareholders, while highlighting future plans ...
TMCnet

Forge Global Announces Stockholder Approval of Merger

Forge Global Holdings, Inc. ("Forge") (NYSE: FRGE), a leading provider of marketplace infrastructure, data services, and technology and investment solutions for the private market, today announced ...
Fox Business

Does a Cash Dividend Increase Stockholder Equity?

Many investors seek out stocks that pay dividends in order to provide income from their portfolios. However, it's important to understand the accounting impact that dividend payments have on a company ...
HousingWire

Redfin stockholder files suit over disclosures in Rocket deal

While much of the housing industry views Rocket Companies’ proposed acquisition of Redfin as a foregone conclusion at this point, at least one common stock holder is saying not so fast. On Friday in U ...

Mission Produce Adopts One-Year Stockholder Rights Plan as Investor Builds Stake

Under Mission Produce's stockholder rights plan, one preferred stock purchase right will be distributed for each share of common stock held by shareholders of record on Feb. 4. Each right entitles ...
Law

Minority Stockholder Was Not a Controller Because Plaintiff Did Not Adequately Plead Actual Control of the Company's Business Affairs

It is axiomatic that directors and officers of a Delaware corporation owe fiduciary duties to stockholders (and the company). Controlling stockholders also owe fiduciary duties. A stockholder is ...