« CFTC Puts on Hold Changes in Face of Agriculture Industry Concerns | Main | SEC Refuses to Respond to Congressional Inquiry on Bear Stearns »

April 23, 2008

EBay Brings Shareholders Suit against Craigslist

EBay, which owns almost 25% of Craiglist (that it acquired from a disgruntled ex-employee or from Craigslist itself, depending on whom you ask), filed a shareholders' derivative suit in Delaware against Craigslist, saying that undisclosed actions unfairly diluted its interest.  EBay said the complaint was under seal because of confidentiality restrictions.  NYTimes, EBay Files a Stockholder Lawsuit Against Craigslist.

April 23, 2008 in News Stories | Permalink

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341bfae553ef00e551f59a898833

Listed below are links to weblogs that reference EBay Brings Shareholders Suit against Craigslist:

Comments

Post a comment