1. But Spectrum soon became mired in losses, and when the stock plummeted, it was hit by numerous shareholder lawsuits. 2. It would make California a mecca for shareholder lawsuits. 3. Opponents say the shareholders lawsuits are merely nuisance suits aimed at securing out-of-court settlements. 4. Stevens International INC. said it agreed in principle to settle a class-action shareholder lawsuit against it. 5. Two Disney shareholder lawsuits were filed against the current and former directors of the company, charging them with wasting corporate assets. 6. Although shareholder lawsuits are brought daily against small and medium-sized companies, the vast majority are either settled out of court or are dismissed. 7. American Express Co. has agreed to settle a shareholder lawsuit charging its directors with failing to prevent an alleged campaign to smear financier Edmond J. Safra. 8. An investigation by the Securities and Exchange Commission followed, as did shareholder lawsuits. 9. And at least five shareholder lawsuits are under way against Take-Two. 10. And it is made all the more difficult by the possibility of further indictments and potentially huge liabilities from the fraud investigation and a flood of shareholder lawsuits. |
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