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Investors Sue Amazon For Docs On Market Clout, Tax Parries
Law360 (June 3, 2021, 1:37 PM EDT) An Amazon.com Inc. pension fund investor sued the online retail conglomerate in Delaware s Chancery Court on Thursday, seeking expedited action on demands for records on director and officer handling of alleged anti-competitive conduct and tax-avoidance tactics.
The Oklahoma Firefighters Pension and Retirement System says its suit for corporate books and records caps nearly a year of allegedly nearly futile negotiations with the global business. Documents sought are described as focusing on potential derivative claims seeking recoveries for the company for individual wrongdoing.
The fund says it made the demands to seek evidence that the board and management may have breached their.
The Daily Herald
The Maury County Budget Committee has taken the county government’s operating budget under consideration for the coming fiscal year, reviewing major upcoming projects including a plan to build a new high school in Spring Hill.
“Every department is now under consideration,” Committee Chairman Scott Sumners told The Daily Herald following the county s initial review of the budget last week.
“I am a little concerned about the deficit that we will have with the debt on the general fund. I think we are going to be OK. I am concerned about it.”
As the budget continues to be drafted, the chairman said he could not share exactly how large the deficit would be.