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Mikhail S. Gutseriyev, 44, was removed as president of Slavneft in a shareholders' vote in May.
The proposed spinoff is subject to approval in a shareholders' vote scheduled for Sept. 12 and also needs the approval of the stock exchange.
The McKesson Corporation's board knew of accounting irregularities at HBO & Company eight months before they were disclosed, according to new contentions in a shareholders' lawsuit.
4. Petitioners lawsuit was originally brought as a cross-claim in a shareholders derivative suit filed against SIG officers and directors, including petitioner, in the United States District Court for the District of New Jersey.
At the same time, he said, shareholders generally do not have a right to be present at board meetings without the consent of the board, even if the shareholders have joined together in a shareholders' association.
A18 BUSINESS DAY C1-16 Allegatiofs oFraudud at AOL A complaint filed in a shareholders' suit against Homestore.com makes new assertions of financial fraud at AOL Time Warner, including descriptions of conversations between senior exeutives of both companies making plans to improperly inflate their revenue.
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These are the usual suspects in a shareholder vote.
Bobby Hashemi, the founder of Coffee Republic, has been ousted in a shareholder revolt.
He had also been named as a defendant in a shareholder lawsuit.
PeopleSoft is already the defendant in a shareholder lawsuit, which was filed yesterday.
In a shareholder class action, it is critical to identify specific false statements made by company officials.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com