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Lawsuit Overview
November 28, 2016 (Shareholders Foundation) - An investor, who purchased shares of IAC/InterActiveCorp (NASDAQ:IAC), filed a lawsuit in Delaware Chancery Court over alleged breaches of fiduciary duties. The plaintiff alleges that IAC/InterActiveCorp’s controlling shareholder, Barry Diller, schemed to create a new non-voting class of stock for the purpose of maintaining the Diller fam...
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