CBS Investor Suit To Continue Alongside Directors' Claims

Published: 20/06/2018
CBS Investor Suit To Continue Alongside Directors' Claims
Source: WWW.LAW360.COM

A minority investor in CBS Corp. will be allowed to pursue its suit against controlling shareholder National Amusements Inc. after a Delaware Chancery Court judge declined to stay the proceeding Wednesday and said the case could progress in coordination with an earlier-filed suit from the directors of CBS over their efforts to issue a stock dividend.

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