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Air Taxi Startup Sued In Delaware Over Liability Shield

By Jeff Montgomery (July 1, 2024, 3:17 PM EDT) -- An Archer Aviation Inc. stockholder has sued the electric air taxi startup in Delaware's Court of Chancery in a proposed class claim accusing Archer of adopting an invalid charter term shielding its officers from most damage claims despite failure of the measure to receive a supermajority vote....

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