Which of the following is not a possible consequence of including fraudulent information in a proxy solicitation?
A) a criminal action initiated by the justice department
B) fines imposed on shareholders who granted proxies
C) a civil action by the Securities and Exchange Commission
D) an order requiring a new election on the matter for which proxies were sought
E) a suit by an injured shareholder for damages from the wrongdoer
Correct Answer:
Verified
Q62: The purpose of a proxy is to:
A)
Q63: A corporation is not liable for torts
Q64: If management desires to solicit proxies from
Q65: State antitakeover statutes are usually enacted to
Q66: A shareholder's proxy can be granted to:
A)
Q68: Many state antitakeover statutes cover corporations that
Q69: Over one-half of the largest corporations in
Q70: A proxy statement must include information about
Q71: Some antitakeover statutes have been challenged as
Q72: Solicitation of proxies is regulated under the:
A)
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