December 25, 2024

Programmatic

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Alphonso Shareholders Win Their Suit Against LG Electronics Over Corporate Board Drama

After being summarily booted from the board of LG Ads in late 2022, Alphonso’s founding team has won its lawsuit against LG Electronics. The plaintiffs, which also included a group of minority Alphonso shareholders, had sued LG in April 2023 for wrongful termination and board misconduct. On Friday, Delaware’s Chancery Court ruled in Alphonso’s favor, […]

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