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by pavlov
3145 days ago
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Yes, shareholder lawsuits are common. But it's the company that pays, not directors. HP actually paid $100 million in such a lawsuit for the Apotheker/Autonomy flop: http://www.reuters.com/article/us-hp-classaction-pggm/hp-pay... The 2010 Board of Directors who created and permitted the $8.8 billion loss paid nothing. They kept their compensation, and most stayed on the board. |
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