Lawsuit Overview
An investor in Encore Acquisition filed a lawsuit in Delaware Chancery Court on behalf of current investors Encore Acquisition Company (Public, NYSE:EAC), who purchased the shares before October 30, 2009, over alleged breaches of fiduciary duty in connection with an alleged unfair takeover. The plaintiff asked the judge to block a planned $4.5 billion cash-and-stock-swap takeover by ...
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