Insider Trading Claim Dropped From $535M Wayfair Note Suit
By Jeff Montgomery ( August 23, 2021, 10:02 PM EDT) -- Stockholders who went to Delaware's Chancery Court to launch derivative claims against Wayfair Inc.'s directors, founders and investors for alleged conflicts in a $535 million convertible note sale last year abandoned insider trading claims Monday in a hearing that also saw the court express reservations about a count seeking disgorgement by noteholders....
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