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Lawsuit Overview
February 5, 2016 (Shareholders Foundation) - An investor who currently holds shares of RealD (NYSE:RLD), filed a lawsuit in effort to halt the proposed takeover of RealD by Rizvi Traverse Management, LLC. The plaintiff alleges that the defendants breached their fiduciary duties owed to NYSE:RLD stockholders by agreeing to sell RealD too cheaply via an unfair process to Rizvi Traverse...
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