CPM Advances Fight for Shareholder Rights
Jordanna Thigpen, senior associate at CPM, was recently quoted in the Daily Journal article, “Shareholder activism targets big companies.”
Thigpen currently represents shareholders of Oracle Corporation in a derivative suit alleging that Oracle’s board and executives mismanaged the company by systemically overcharging the federal government in connection with $1 billion worth of General Services Agency contracts. CPM also represents shareholders of HP in a suit alleging fraud with the acquisition of Autonomy. Board and executives have “lost touch with the reality of what it means to work for the people,” Thigpen said.