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Yet even when loss of shareholder value is a long-term consequence of the acquisition, the company executives responsible for the misjudgment usually remain unscathed.As Mr Sirower notes, lawsuits and the press punish other value-destroying corporate decisions.
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"I think this case could set an important precedent not only for Vermont but for other states with marriage equality," Professor Johnson said, noting that lawsuits like this are rare.
Note that lawsuits against property policy carriers must be brought within one year from the time of the disaster, versus between two and four years (from when the carrier denies coverage) for disputes over other kinds of insurance.
The media guru went on to note that lawsuits with Thiel's financial backing have not just targeted Gawker Media, but gone after individual journalists as well, saddling them with unpayable expenses and other stresses.
Even so, she noted, the lawsuit has caused no personal awkwardness: "Are the Mayor and I dating?
He noted his lawsuit against Nevin Shapiro, a former Miami booster who told Yahoo Sports last year from prison that Campbell provided players with improper benefits.
As The Wall Street Journal noted, the lawsuit "alleges violations of the Fair Credit Reporting Act, a federal law that regulates credits [sic] bureaus and sets standards over how consumer credit information is collected, stored and shared".
(Note: The lawsuit story has since been debunked by snopes.com and various other media outlets).
Speaking out of turn, Whitehouse shot back by noting the lawsuit had "nothing to do with the environment".
Smith calls the issue a "distraction," but notes that these lawsuits usually get settled.
It was also plagued with delays, unplanned new stations and residential lawsuits, notes Curbed LA.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com