Lawsuit Overview
August 03, 2012 (Shareholders Foundation) -- An investor in NYSE:RA shares filed a lawsuit against directors to stop the sale of RailAmerica, Inc. (NYSE:RA) shares to Genesee & Wyoming Inc at $27.50 per NYSE:RA share. The plaintiff alleges that the directors breached their fiduciary duties owed to NYSE:RA investors arising out of the attempt to sell the company too cheaply via a...
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