Mealey's Securities/D&O Liability - Shareholder Accuses Directors And Officers Of Abuse Of Control And Other Claims

Mealey's Securities/D&O Liability - Shareholder Accuses Directors And Officers Of Abuse Of Control And Other Claims

SANTA ANA, Calif. - A shareholder told a federal court in California on Jan. 24 that certain of a company's directors and officers breached their fiduciary duties in many ways by making factually baseless revenue and earnings growth projections to the public (Timothy J. Foss v. Craig A. Barbarosh, et. al., No. 14-cv-00110, C.D. Calif.).

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