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Alphabet Investors Can't Revive Suit Over $9B EU Antitrust Hit

By Craig Clough (July 18, 2023, 9:57 PM EDT) -- A split California state appellate court denied a bid Tuesday to revive a shareholders' derivative suit that alleged Google leaders breached their fiduciary duty by incurring $9 billion in European Union fines, finding no reasonable inference that the leaders knew their conduct was illegal or that they were recklessly indifferent....

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