Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Wilmington federal courthouse The J. Caleb Boggs Federal Building and U.S. Courthouse, Wilmington, Delaware

Executives and directors of the internet information and cloud services company J2 Global Inc. have been accused of using the company’s mergers and acquisitions program to make deals that benefited themselves and other company insiders personally but added little to the company.

The derivative suit filed in the District of Delaware this week claims the Los Angeles-based company’s board approved acquisitions of companies in which J2′s chairman of the board, co-founder and an executive all had significant financial interests, then failed to disclose specifics that would have shown investors the deals weren’t serving the company’s interests.

This premium content is locked for
Delaware Business Court Insider subscribers only.

Already have an account?
Interested in customizing your subscription with Law.com access?
Contact our Sales Professionals at 1-855-808-4530 or send an email
to [email protected] to learn more.

Ellen Bardash

America's Claims Executive Virtual Leadership Forum & Expo 2021Event

ACE Virtual Leadership Forum & Expo is the annual conference for Senior Claims Executives in Insurance organizations.

Get More Information

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.