Paramount Global directors agreed to a $167.5 million settlement of investors’ lawsuits over the controversial 2019 merger of CBS Corp. and Viacom Inc. that created the entertainment company, according to a securities filing The settlement with CBS investors was reached …
Corporate board members and company executives have a lot to worry about these says and can be held liable for an increasing range of scenarios. Key risks for directors and officers to watch in 2022 include the increased threat of …
American International Group Inc. was sued by former staff who say they were denied $100 million in bonuses amid public outrage over derivative trades that crippled the insurer and threatened the stability of global financial markets. Details of the U.K. …
Directors of Allergan Inc. must face a lawsuit over $600 million in fines the company paid for misbranding its Botox treatment to smooth out wrinkles, a Delaware judge ruled, in a decision that could affect securities litigation in that state. …
News Corp. shareholders angry over the hacking scandal engulfing Rupert Murdoch’s media conglomerate face an uphill fight trying to hold company executives and directors responsible in court. In the nearly six weeks since the scandal erupted, shareholders have seen roughly …
