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Chancery Tosses Claims Over Alleged UPS Cigarette Scheme

By Matt Chiappardi (January 20, 2017, 8:46 PM EST) -- A Delaware Chancery judge late Thursday threw out derivative claims accusing United Parcel Service Inc. directors of faulty oversight that led to an alleged scheme to haul untaxed cigarettes, ruling the suing shareholders hadn't shown it would have been futile to take the claims to the company's board....

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