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Delaware Court of Chancery Cautions Directors: Be Vigilant in...

2015-10-22 21:52:08| Jewelry - Topix.net

In a decision dated October 1, 2015, the Delaware Court of Chancery credited allegations that the board of directors of Zale breached its fiduciary duty in failing to uncover a potential conflict of interests by its financial advisor, an investment bank that advised Zale in its merger with Signet. In re Zale Corp. Stockholders Litigation , C.A. No.

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