Drone Co. Investors Seek Drag-Along Sale Shoot-Down In Del.

By Jeff Montgomery

Stockholders of a company that makes tethered drones for surveillance or communications sued its directors, CEO and buyer in Delaware's Court of Chancery Tuesday, alleging unfair triggering of "drag-along" rights in a company sale that paid $1 per share for their once-$10 per share investment.

 Complaint attached | Read full article » Save to favorites »