Del. Chancery Questions Broker's 'Ornate' Board Control Fix
By Leslie A. Pappas ( February 8, 2024, 7:48 PM EST) -- Bylaw amendments adopted by insurance broker BRP Group Inc. in response to a shareholder's complaint that its co-founders wielded too much control over the company's board may have "narrowed" the problem but did not necessarily eliminate it, a Delaware Chancery Court vice chancellor said Thursday at a hearing in Wilmington....
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