Glasscock Greenlights Investor Suit Over Side Deal in Telecom Co.'s $3B Sale to Verizon
A Delaware Court of Chancery judge on Monday allowed former investors in Straight Path Communications Inc. to proceed with claims that its controlling stockholder used his power to avoid more than $500 million in liability stemming from the telecommunication company's $3.1 billion sale to Verizon.
June 25, 2018 at 05:55 PM
1 minute read
were direct in nature case Boies Schiller Flexner Richards, Layton & Finger In re Straight Path Communications Inc. Consolidated Stockholder LitigationThis content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
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