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Apple execs reaped 'millions' in unlawful profits, shareholders allege
News On Tuesday, lawyers acting on behalf of Apple shareholders filed actions against the company claiming that it "manipulated options grants to sell more than US$1bn in company stock", according to Bloomberg News.
[August 23, 2006, 17:25]
Shareholders sue MP3.com
News Famed plaintiff's attorney Bill Lerach of the firm Milberg Weiss has sued MP3.com, alleging the company mislead shareholders about future growth and knew it was basing its business on a model that violated copyrights.
[September 20, 2000, 9:23]
Shareholders lay into Yahoo boss
News Yahoo shareholders criticised a defensive and slightly combative chief executive Terry Semel for the company's lagging performance after the annual stockholder meeting Tuesday. While they blasted him during a question-and-answer session...
[June 13, 2007, 10:53]
Shareholders dismiss lawsuit against Rambus
News A group of Rambus shareholders has dismissed its case against the memory designer, marking another legal milestone for the company. Certain shareholders filed suit against Rambus in 2001, alleging that the company's actions while a member of a...
[May 29, 2003, 7:54]
Shareholders clear Seagate's Maxtor takeover
News Storage giant Seagate has moved closer to completing the takeover of Maxtor, after the shareholders of both firms approved the deal. Once the takeover is complete, existing Seagate shareholders will own 84 percent of the company, with Maxtor's...
[May 18, 2006, 16:35]
Shareholders sue Gateway
News Shareholders filed a lawsuit against Gateway Friday alleging the company defrauded them by claiming it was "undervalued". The lawsuit was filed on behalf of shareholders who bought Gateway stock between 13 October 2000 and 29 November 2000 and...
[December 18, 2000, 10:24]
Shareholders bring down axe on Baltimore
News Baltimore shareholders on Friday voted overwhelmingly to sell the company's PKI business, which owns the UniCert software, to be US-based beTrusted. The options available to Baltimore going forward are principally threefold: returning cash to...
[November 28, 2003, 15:40]
Siebel under fire from shareholders
News The appointment of a new CEO at Siebel Systems on Wednesday has done little to appease a group of shareholders demanding better management of the ailing company. A group of shareholders that collectively owns about a third of Siebel's shares agrees...
[April 14, 2005, 12:50]
EDS shareholders approve HP merger
News EDS's shareholders have agreed to the IT services company's merger with HP, completing another step in EDS becoming a wholly owned subsidiary of HP. According to EDS, of the shares belonging to those shareholders who chose to vote, around 98.8...
[August 1, 2008, 12:31]
CA leaves its shareholders hungry
News Computer Associates' shareholders have been no strangers to adversity over the years as the company has dealt with controversy over its accounting methods and seen sporadic performance. The beleaguered shareholders were apparently upset to find...
[August 26, 2005, 13:00]
HP shareholders air frustrations at annual meeting
News HP shareholders approved two proposals related to executive pay and anti-takeover provisions, and vented some of their frustration with the company's board of directors at the company's annual meeting on Wednesday.
[March 15, 2007, 8:56]
The Day Ahead: Priceline shareholders suffer
News Miller said WebHouse was kept as a separate entity so it wouldn't hurt Priceline's march to profitability or shareholders. Priceline shareholders were supposed to be sheltered from downside risk from the venture, but could reap the benefits on the...
[October 6, 2000, 13:17]
Alcatel and Lucent shareholders approve merger
News Alcatel and Lucent Technologies shareholders approved Alcatel's $11bn acquisition of Lucent on Thursday, overcoming another hurdle in the companies' plans to consolidate their businesses. This offensive strategy, strengthened by the projects to...
[September 8, 2006, 10:10]
Early acceptance runs risks for PeopleSoft shareholders
News If the price rises past $21, Oracle could choose to buy stock at its most recent offer, forcing shareholders to sell below market value. PeopleSoft investors who tendered their stock to Oracle when its hostile bid stood at $26 (£14.22) a share will...
[June 10, 2004, 12:05]
iSoft shareholders approve IBA lifeline
News Shareholders in the beleaguered UK-based health systems provider iSoft have thrown their support behind Australian company IBA Health, almost unanimously accepting its AU$333m (£142m) lifeline. According to a statement released over the weekend on...
[July 9, 2007, 9:28]
Rogue PeopleSoft shareholders turn on company
News A handful of PeopleSoft shareholders have filed class-action lawsuits claiming that the enterprise software maker's executives should not have shunned Oracle's hostile takeover bid. Eight PeopleSoft shareholders are currently pursuing separate...
[August 18, 2003, 9:40]
Corel shareholders to vote on takeover
News Software maker Corel announced on Friday that it has set a date for shareholders to vote on a takeover plan. The Ottawa-based company said in a statement that the Ontario Superior Court of Justice has issued an interim order supporting a 20 August...
[July 28, 2003, 11:50]
On2 shareholders challenge Google deal
News Google's acquisition of video-compression software company On2 Technologies is being challenged in court by On2 shareholders dissatisfied by Google's $106.5m offer. The deal, which is expected to close in the fourth quarter of this year, still...
[August 13, 2009, 9:16]
Oracle appeals to PeopleSoft shareholders
News Oracle sent letters to all PeopleSoft shareholders on Tuesday, urging them to tender their shares to Oracle by mid-March and elect Oracle's nominees to PeopleSoft's board next month. The letter, which was signed by Oracle chief executive Larry...
[February 18, 2004, 9:05]
Cognos shareholders approve IBM takeover
News IBM's takeover of business-intelligence company Cognos is expected to close before the end of this quarter, after Cognos shareholders voted their approval of the deal on Monday. The takeover deal was approved by 99.8 percent of the shareholders at...
[January 16, 2008, 7:44]
