2nd Circuit: Minority Shareholders Lacked Evidence To Support Claims

( December 16, 2024, 8:30 AM EST) -- NEW YORK— A panel of the Second Circuit U.S. Court of Appeals in an unpublished opinion found that former minority shareholders of a mining company failed to offer admissible evidence adequate to support their securities and racketeering claims against the former majority shareholder of the mining company and the former majority shareholder’s co-managers, affirming a district court’s grant of summary judgment in the former majority shareholder’s favor....