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Embarq Corp. directors unfairly enriched themselves by selling the company to Century Tel through an unfair process, shareholders claim in Johnson County Court, Olathe, Kan. Directors of Moody’s breached their duty to the company and its shareholders by permitting years of fast and loose credit ratings, shareholders say in New York County Court. Shareholders say Omrix Biopharmaceuticals’ sale to Johnson & Johnson for $25 a share is coercive and unfair, in New York County Court.
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