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Shareholder Lawsuit

Year In Review: 2010 Top News Stories

Lawsuit Says PG&E Execs, Not Shareholders, Should Pay For San Bruno Explosion

A PG&E shareholder filed a lawsuit on Monday against the utility company’s management stating that the executives, not the people who own the utility’s common stock, should bear the cost of the San Bruno pipeline disaster.

09/24/2013

(FILE PHOTO) Hewlett-Packard CEO Mark Hurd delivers a keynote address at the 2007 Oracle Open World conference November 12, 2007 in San Francisco. (Photo by Justin Sullivan/Getty Images)

Hewlett-Packard Shareholder Lawsuit Against Former CEO Dismissed

A judge has dismissed a shareholders lawsuit against computer maker Hewlett-Packard and its former CEO Mark Hurd, saying that a company’s standards of business conduct amount to “puffery” that can’t be used in securities fraud lawsuits.

08/12/2013

A sign outside Google headquarters in Mountain View. (David Paul Morris/Getty Images)

Google Settles Shareholder Suit; Clears Way For Stock Split

Google has settled a shareholder lawsuit to clear the way for a long-delayed split of the Internet search leader’s stock.

06/17/2013

Apple Introduces iPhone 5

Apple CEO Says Shareholder Lawsuit Is ‘Silly Sideshow’

Apple CEO Tim Cook is calling a shareholder lawsuit against the company a “silly sideshow,” even as he said he is open to looking at the shareholder’s proposals for sharing more cash with investors.

02/12/2013

Facebook

Facebook Shareholders File Suit Over IPO Documents

A group of shareholders have filed a lawsuit against Facebook, its executives and Morgan Stanley, the lead underwriter of the social networking firm’s initial public offering last week.

05/23/2012

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