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SHAREHOLDER SUES BOARD FOR PERMITTING CEO TO SEXUALLY HARASS
 
 

ICN Pharmaceuticals settled a sexual harassment matter for $3.5 million. A shareholder's derivative suit alleged that the Board should have made the CEO pay. The case was dismissed because there was no "pre-suit demand" or evidence that this was not just a "routine business decision."

 
(White v. Panic, Del.)
 
 
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