Shareholder Fails To Show She Was Harmed By Proxy Statement, Causing Dismissal

(June 10, 2024, 8:29 AM EDT) -- NEW YORK — A federal judge in New York dismissed with prejudice a shareholder derivative complaint brought by a shareholder of a beauty supply company who said the company and certain of its executives made misleading statements about its CEO’s compensation package in a proxy statement, finding that the shareholder failed to show how she suffered a loss from the proxy statement....

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