Ted Powers III

Ted Powers III

Jones Day

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Controlling Stockholder Exercising Voting Power as Stockholder to "Change the Status Quo" Owes Fiduciary Duties

The Background: After unsuccessfully trying to convince the special committee not to implement a plan to liquidate a business line, which the controlling stockholder believed would destroy value, the controlling stockholder...more

3/4/2024  /  Board of Directors , Bylaws , Controlling Stockholders , Fiduciary Duty , Minority Shareholders , Private Equity , Shareholders , Voting Powers
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