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Moelis Stockholders Sue In Chancery To Break CEO's Control

By Jeff Montgomery (March 13, 2023, 7:47 PM EDT) -- Moelis & Co. public stockholders took to Delaware's Court of Chancery Monday, seeking to invalidate a shareholders' agreement giving the investment bank's CEO and chairman broad control over its key decisions, from stock issues to contracts, dividend payments and senior officer choices....

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