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Lawsuit Overview
June 22, 2016 (Shareholders Foundation) - An investor in shares of Viacom, Inc. (NASDAQ:VIAB) filed a lawsuit against certain directors at Viacom, Inc. over alleged breaches of fiduciary duties. The plaintiff alleges that Viacom, Inc is controlled by 93-year old Sumner M. Redstone, who owns approximately 80% of Viacom’s voting Class A common stock through his holding company National...
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