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Internet Brands, Inc. Investors File Lawsuit Alleging Breaches Of Fiduciary Duty

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Lawsuit Overview

An investor in Internet Brands, Inc. (NASDAQ:INET) filed a lawsuit in State Court against the INET board of directors alleging they breached their fiduciary duties by agreeing to sell Internet Brands too cheaply to Hellman & Friedman Capital Partners VI, L.P. According to the complaint the plaintiff alleges that members of the Internet Brands board of directors breached their fid...



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