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Discipline

Aug. 2, 2002

State Court Cleans Up Corporation Case Law

LOS ANGELES - Corporate directors have a right to see the company's business records - and to share them with stockholders - unless the company can show that directors will use the information to hurt the firm, a state appellate court ruled Tuesday.

By Katherine Gaidos
Daily Journal Staff Writer
        LOS ANGELES - Corporate directors have a right to see the company's business records - and to share them with stockholders - unless the company can show that directors will use the information to hurt the firm, a state appellate court ruled Tuesday.
        The ruling, coming during waves of ...

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