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A series of court rulings from Delaware is putting Silicon Valley's cozy business community under a microscope. The most recent case involves San Jose, Calif.'s eBay Inc., whose directors came under fire for investing in initial public offerings handled by eBay's investment banker. The rulings could be warnings that some practices the Valley took for granted won't pass muster in the wake of corporate scandals like Enron.
February 03, 2004 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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