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Investor Sues to Block HP's Palm Buy

Article Comments  19

May 7, 2010, 12:46 PM   by Philip Berne

A Palm investor is suing the company over the treatment of common shareholders in the proposed HP buyout of the WebOS maker. Specifically, Business Week is reporting that investor Steve Ubaney believes preferred stock shareholders, including Palm investor Elevation Partners LP, got a much higher price for their preferred Series B shares. Ubaney claims that these share should have been valued the same as common shares in a Palm buyout, and he is suing to block the purchase and for unspecified damages.

more info at Business Week »

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Subject	Author	Date
"I'm not making as much money as I want"	Menno	May 7, 2010, 1:06 PM
Re: "I'm not making as much money as I want" by diggitydogg76   May 7, 2010, 1:31 PM Re: "I'm not making as much money as I want" by Versed   May 7, 2010, 2:10 PM Re: "I'm not making as much money as I want" by Slammer   May 7, 2010, 2:29 PM Re: "I'm not making as much money as I want" by Jayshmay   May 7, 2010, 4:45 PM Re: "I'm not making as much money as I want" by redboy   May 7, 2010, 5:57 PM Re: "I'm not making as much money as I want" by Slammer   May 8, 2010, 10:58 AM Re: "I'm not making as much money as I want" by trojandrew   May 7, 2010, 3:24 PM Re: "I'm not making as much money as I want" by gringo.mexican112   May 7, 2010, 5:59 PM Re: "I'm not making as much money as I want" by shiftmobile   May 8, 2010, 12:26 PM Re: "I'm not making as much money as I want" by trojandrew   May 8, 2010, 12:29 PM Re: "I'm not making as much money as I want" by Menno   May 8, 2010, 2:16 PM Re: "I'm not making as much money as I want" by netboy   May 8, 2010, 3:56 PM (more replies...) Re: "I'm not making as much money as I want" by algorithmplus   May 9, 2010, 9:43 AM Re: "I'm not making as much money as I want" by algorithmplus   May 9, 2010, 9:36 AM I like how it says 'Unspecified Damages'... by Amarantamin   May 9, 2010, 6:59 PM

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