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City of Atlanta Firefighters' Pension Fund v. Arconic Inc. et al
Case Number:
1:17-cv-02840
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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April 28, 2017
Arconic Denies Manipulating Election, Stands By Disclosure
Metals manufacturer Arconic Inc. pushed a New York federal court on Friday to reject an investor's requested preliminary injunction that would impact its upcoming board of directors election, fighting allegations that it issued "fake news" about a $500 million payment obligation to prevent investors from infusing the board with new blood.
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April 20, 2017
Directors Used 'Fake News' To Rig Board Election, Suit Says
An Arconic Inc. shareholder filed suit against the metals manufacturer in New York federal court on Wednesday, alleging that its entrenched board of directors issued "fake news" about a $500 million payment obligation to prevent investors from infusing the board with new blood.