Xerox and Icahn Succeed in Getting Shareholder Lawsuits Dismissed

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It’s a decisive win for Xerox. On December 14, Xerox, its board of directors, and Xerox shareholder Carl Icahn and a pair of his businesses succeeded in persuading the Supreme Court of the State of New York to dismiss in their entirety a pair of similar shareholder derivative lawsuits. Both lawsuits centered on claims that

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