41. Shareholder suits are as common as houseflies, but under these circumstances, the plaintiffs have a better chance than normal of winning, analyst Hochfeld predicted. 42. Shareholder suits are pending. 43. Shareholder suits ensued, as did a management cleanup that swept away a bevy of executives. 44. Still, many companies subjected to shareholder suits for accounting fraud say they have done nothing worthy of being sued. 45. That case was the first shareholder suit to actually go to a jury in Massachusetts in about a decade. 46. The case is a shareholder derivative suit, which allows shareholders to sue corporate directors they contend mishandled company affairs. 47. The company is also confronting a controversy over its accounting practices that has generated shareholder suits. 48. The company is also confronting doubts about its growth prospects and a controversy over its accounting practices that has generated shareholder suits. 49. The company said it recently settled the last of several shareholder suits. |
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