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Harvest Capital Top Brass Must Face Unfair Merger Claims

By Leslie A. Pappas (June 7, 2023, 9:27 PM EDT) -- The top officers, directors and former controlling shareholders of Harvest Capital Credit Corp. must face stockholder allegations that they orchestrated an unfair merger with Portman Ridge Finance Corp. in 2021 that gave them "unique benefits," a Delaware Chancery Court vice chancellor ruled Wednesday, rejecting most motions to dismiss the case....

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