View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
February 5, 1987

DIRECTORS OF GENERAL MOTORS AND ROSS PEROT FACE DERIVATIVE SHAREHOLDER ACTION

By CBR Staff Writer

The directors of General Motors Corp, and Ross Perot, now face a derivative shareholder action brought on behalf of the company by a holder of 500 GM shares, seeking damages for GM from the individuals concerned, on the grounds that the $750m pay-off to Perot was counter to their fiduciary duty to GM.

Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED
THANK YOU