New Senior Hit With Shareholder Suit Over $640M Deal
By Steven Trader ( June 14, 2017, 5:43 PM EDT) -- A New Senior Investment Group Inc. shareholder hit the senior-living property operator's board with a derivative suit Tuesday in Delaware Chancery Court over a $640 million acquisition in 2015 that allegedly was fueled by the directors' conflicting self-interests and cost stockholders millions of dollars. ...
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