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Chancellor Again Tosses Stock Dilution Suit After Reversal

By Jeff Montgomery (May 2, 2022, 8:33 PM EDT) -- A Delaware Supreme Court reversal of a Chancery Court decision that dismissed a 50% stockholder's challenge to a stock sale that diluted her equity and blocked her custodianship suit produced another dismissal Monday, with Delaware's chancellor finding "compelling justification" for the deal....

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