Yahoo Loses Bid To Keep Cop Shareholder Suit Secret

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Yahoo's shareholder troubles don't end with the proxy fight started by Carl Icahn. A Delaware court today unsealed a complaint filed by Yahoo shareholders against the company over its alleged bungling of Microsoft bid to buy the company.
Yahoo had sought to keep the lawsuit under seal. It was originally filed by the Police & Fire Retirement System and the General Retirement System of the city of Detroit in February. The company claimed it contained sensitive information. Today the court smacked down that contention.
Yahoo shareholder suit unsealed in Delaware [MarketWatch]

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