Your English writing platform
Discover LudwigExact(46)
(REUTERS) Sovereign Sues to Block Shareholder From Ousting Board Sovereign Bancorp filed a federal lawsuit yesterday seeking to block its largest shareholder from ousting its board.
"She looked beleaguered and sad," said Patricia Serafinn, a shareholder from Manhattan.
A shareholder from suburban Philadelphia, Andrew Philips, sympathized with the black Coca-Cola employees.
"It will probably be short-lived," said Joe Caffey, a shareholder from Youngstown, Ohio.
John Lackey, a shareholder from Richmond, Va., who attended the meeting precisely to ask about the dividend, was not reassured.
In extreme cases, the issuer can theoretically obtain an order enjoining the shareholder from voting its shares for a period.
Similar(14)
It banned large shareholders from selling stock.
Critics say this discourages shareholders from making the effort.
Alamito was spun off to shareholders from the Tucson Electric Power Company.
Shareholders from each company will vote on the transaction July 9.
Preemptive rights are thought to protect minority shareholders from cheap-stock tunneling by a controlling shareholder.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com