Car Services Co.'s $851M Write-Down Sparks Del. Suit
By Jarek Rutz ( November 18, 2025, 5:28 PM EST) -- A car services conglomerate's board and senior leadership face a stockholder derivative suit filed Tuesday in the Delaware Chancery Court alleging they ignored clear signs of operational deterioration, concealed significant deficiencies in the company's internal controls and allowed public misstatements that preceded an $851 million write-down....
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