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Master in Chancery Explains Damages Needed to Justify Books and Records Based On Wrongdoing

By Morris James LLP on February 12, 2015
Posted In Books and Records
Walther v. ITT Educational Services Inc., C.A. 8273-MA (February 10, 2015) When a stockholder seeks to inspect a company's records based on alleged wrongdoing, it is necessary to also show that wrongdoing has led to some damage to the entity. Otherwise, the inspection will be denied. Share
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