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Tilray Brands | 8-K: Tilray Brands Wins Lawsuit Against Nabil Salama

Tilray Brands | 8-K: Tilray Brands Wins Lawsuit Against Nabil Salama

Tilray Brands | 8-K:Tilray Brands在與Nabil Salama的訴訟案中勝訴
美股SEC公告 ·  2024/12/02 14:05

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On November 27, 2024, the Delaware Court of Chancery granted summary judgment in favor of Tilray Brands and its directors in a stockholder lawsuit (Salama v. Tilray Brands, Inc.) filed on October 31, 2024. The Court upheld Tilray's application of a majority-of-votes-cast voting standard for its share authorization proposals.The lawsuit had challenged the validity of Tilray's 2023 and 2024 authorized shares proposals, claiming incorrect voting standards were applied and alleging breaches of fiduciary duties by directors regarding disclosure in proxy statements. The Court's ruling confirms the legitimacy of Tilray's voting methodology.The company has adjourned its 2024 annual meeting specifically for the Authorized Shares Proposal, with the adjourned portion scheduled for December 19, 2024, at 11:00 am EST. The meeting will be conducted virtually through an online platform.
On November 27, 2024, the Delaware Court of Chancery granted summary judgment in favor of Tilray Brands and its directors in a stockholder lawsuit (Salama v. Tilray Brands, Inc.) filed on October 31, 2024. The Court upheld Tilray's application of a majority-of-votes-cast voting standard for its share authorization proposals.The lawsuit had challenged the validity of Tilray's 2023 and 2024 authorized shares proposals, claiming incorrect voting standards were applied and alleging breaches of fiduciary duties by directors regarding disclosure in proxy statements. The Court's ruling confirms the legitimacy of Tilray's voting methodology.The company has adjourned its 2024 annual meeting specifically for the Authorized Shares Proposal, with the adjourned portion scheduled for December 19, 2024, at 11:00 am EST. The meeting will be conducted virtually through an online platform.
2024年11月27日,特拉華州衡平法院對Tilray Brands及其董事在一項股東訴訟(Salama訴Tilray Brands, Inc.)中作出有利判決,該訴訟於2024年10月31日提起。法院支持Tilray在其股票授權提案中應用多數投票標準。該訴訟質疑Tilray 2023年和2024年授權股票提案的有效性,聲稱採用了不正確的投票標準,並指控董事在代理聲明中的披露違反了受託責任。法院的裁決證實了Tilray投票方法的合法性。該公司已專門爲授權股票提案推遲其2024年年度會議,推遲部分定於2024年12月19日上午11:00(美國東部時間)舉行。會議將通過在線平台進行虛擬召開。
2024年11月27日,特拉華州衡平法院對Tilray Brands及其董事在一項股東訴訟(Salama訴Tilray Brands, Inc.)中作出有利判決,該訴訟於2024年10月31日提起。法院支持Tilray在其股票授權提案中應用多數投票標準。該訴訟質疑Tilray 2023年和2024年授權股票提案的有效性,聲稱採用了不正確的投票標準,並指控董事在代理聲明中的披露違反了受託責任。法院的裁決證實了Tilray投票方法的合法性。該公司已專門爲授權股票提案推遲其2024年年度會議,推遲部分定於2024年12月19日上午11:00(美國東部時間)舉行。會議將通過在線平台進行虛擬召開。
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