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Delaware Court of Chancery Grants Expedition and Discovery in Hearing on Company's Last-Minute Expansion of Board
CCICrown Castle(CCI) Prnewswire·2024-04-16 13:29

This is the Second Time the Board's Actions Have Presented a "Colorable Claim" Under Delaware Law Crown Castle's Board of Directors Have ShownBlatant and Cynical Disregard for Shareholders and the Delaware Court Actions Highlight Years of Governance and Strategic Blunders That Have Cost Shareholders Tens of Billions of Dollars in Value Court of Chancery Grants Discovery to Boots Capital Management to Investigate Whether Crown Castle Had "Legitimate Corporate Purpose" to Expand Board from 12 to 13 Seats Co ...