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Robert Freedman v. Sumner Redstone, et al
Case Number:
13-3372
Court:
Nature of Suit:
3850 Securities, Commodities, Exchange
Sectors & Industries:
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May 30, 2014
Viacom Shareholder Can't Revive Suit Challenging Bonuses
The Third Circuit on Friday denied a Viacom Inc. shareholder's bid to recover nearly $37 million in bonuses awarded to the media giant's top brass, ruling that a Delaware judge was correct when she threw out the 2012 lawsuit.
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March 25, 2014
Viacom Shareholder Asks 3rd Circ. To Save $37M Bonus Suit
A Viacom Inc. shareholder on Tuesday asked the Third Circuit to revive a suit aimed at recovering nearly $37 million in bonuses awarded to the media giant's top brass, arguing that a Delaware federal judge had erred when she threw it out.