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Lawsuit Overview
April 22, 2014 (Shareholders Foundation) - An investor in shares of Sothebys (NYSE:BID) filed a lawsuit against directors of Sothebys over alleged breaches of fiduciary duties. The plaintiff claims that the defendants breached their fiduciary duties by adopting to a so called poison pill strategy to protect certain board members from being voted out. The plaintiff alleges that declin...
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