1. A federal jury Wednesday absolved Biogen Corp. of allegations that the company misled shareholders by touting the prospects of an experimental drug that later proved disappointing. 2. But he was also criticized even by some of his supporters for later filing a lawsuit against the company alleging that HP misled shareholders and manipulated the proxy vote. 3. Earlier, Templeton sued Hungarian retailer Fotex Rt. alleging it misled shareholders about the terms of a sale of convertible bonds. 4. He defended not only his own actions but those of Reuter, who also is a target of the complaint charging he deliberately mislead shareholders. 5. If Hewlett-Packard had misled shareholders and it could change the outcome of the vote, I wanted to challenge that. 6. It denied that shareholders were misled. 7. SunTrust Banks contends Wachovia and First Union have misled shareholders about the terms of the merger agreement. 8. That has prompted shareholder lawsuits and government investigations into whether the company misled shareholders. 9. The companies say the cutting-edge nature of their products makes it difficult to accurately predict performance, leaving them vulnerable to claims that they have misled shareholders. 10. The suits often contend that corporate executives misled shareholders by not disclosing the problems. |