Case Against AMERCO (UHAL) Dismissed with Prejudice
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Price: $71.43 -0.64%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
EPS Growth %: -11.8%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
EPS Growth %: -11.8%
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MERCO (Nasdaq: UHAL), parent of U-Haul International, Inc., and Amerco Real Estate announced all remaining plaintiffs in the AMERCO shareholder derivative litigation filed a Dismissal with Prejudice. This terminates with prejudice such litigation in its entirety.
The suit, which was captioned Paul F. Shoen vs. SAC Holding Corporation et al., CV 02-05602, consolidated with CV02-06331, CV03-02486 and CV03-02617, Second Judicial District Court, Washoe County, Nevada, had been pending against AMERCO, SAC Holding Corporation and certain of its affiliates, and certain current and former members of the AMERCO Board of Directors, as defendants. There is no fee or payment of any form to the plaintiffs in connection with their Dismissal with Prejudice of the litigation.
The suit, which was captioned Paul F. Shoen vs. SAC Holding Corporation et al., CV 02-05602, consolidated with CV02-06331, CV03-02486 and CV03-02617, Second Judicial District Court, Washoe County, Nevada, had been pending against AMERCO, SAC Holding Corporation and certain of its affiliates, and certain current and former members of the AMERCO Board of Directors, as defendants. There is no fee or payment of any form to the plaintiffs in connection with their Dismissal with Prejudice of the litigation.
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