Under Fire From Shareholders, DHB Cancels Meeting

Law360, New York (December 4, 2006, 12:00 AM EST) -- A leading manufacturer of body armor has called off its annual shareholder meeting, following the filing of a federal lawsuit accusing the company of trying to deprive shareholders of the ability to cast an informed vote and seeking an injunction barring the proposed meeting from taking place.

The lawsuit, which invokes the Securities Exchange Act of 1934, was filed on behalf of Harbinger Capital Partners Master Fund I Ltd. against DHB Industries Inc. on November 30, in federal court in Delaware. Monday, DHB put out a...
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