Lawsuit to invalidate board election goes forward

The Lawsuit filed by the folks at SaveDisney.com is being allowed to go forward by a Delaware Judge. The suit alleges members of the company’s board of directors made false statements to shareholders about the search for a successor to Chief Executive Michael Eisner. Roy E. Disney and Stanley P. Gold claim they would have run an alternate slate if they had known the truth at the time.

Digg This
Reddit This
Stumble Now!
Buzz This
Vote on DZone
Share on Facebook
Bookmark this on Delicious
Kick It on DotNetKicks.com
Shout it
Share on LinkedIn
Bookmark this on Technorati
Post on Twitter
Google Buzz (aka. Google Reader)
This entry was posted in Corporate and tagged , , , , , , . Bookmark the permalink.