Search Articles
WILMINGTON, Del. (CN) – Shareholders say Revlon CEO Ronald Peterman and others are taking advantage of depressed stock prices to buy them out at the unfair price of $3.74 a share, or $75 million. Also sued is McAndrews and Forbes Holdings, which owns 58% of Revlon Class A shares, and other Revlon executives. Plaintiffs are represented by Rosenthal, Monhait & Goddess in Chancery Court.
Categories /
Uncategorized
Subscribe to our free newsletters
Our weekly newsletter Closing Arguments offers the latest about ongoing trials, major litigation and rulings in courthouses around the U.S. and the world, while the monthly Under the Lights dishes the legal dirt from Hollywood, sports, Big Tech and the arts.