A summary of Southern California-related business litigation developments during the past week.
From United Press International
Investor Sues Cummins: Industrial Equity (Pacific) Ltd., has sued the chairman and five members of Cummins Engine Co.’s board, accusing them of violating their fiduciary duties by attempting to prevent an outsider from acquiring more than 15% of Cummins’ stock. IEP, a San Diego County investment firm that owns 14.9% of the Indiana truck engine company, filed the suit Thursday in District Court in Indianapolis. (Filed Feb. 15, 1990 Case No. IP90-063-C)
From United Press International
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
