AGP Executive Report
Last update: 5 hours agoCorporate Courts & Deal Risk: A Texas investor is suing Voxie Inc. in Delaware Chancery, alleging the text-marketing startup used a new financing round and charter amendment to strip early preferred shareholders of negotiated protections without the required approval. Public Safety: Delaware’s House unanimously passed bipartisan HB 351 to curb vehicle theft by making it a crime to manufacture, sell, or possess “vehicle security circumvention” devices that intercept key fob signals—now headed to the Senate. Energy & Cost Pressure: Gas prices stay volatile: in New Castle County, one station hit $3.99 for regular in the week ending May 9, while AAA warns Memorial Day could bring the highest prices in four years. Health & Consumer Protection: A Delaware judge ruled Albertsons can’t get defense or indemnity for opioid-related suits, and a federal court authorized a nationwide Ticketmaster class action over alleged concert fee overcharges. Business Watch: GoDaddy avoided a willfulness finding after a $170M patent verdict, reducing the risk of a bigger damages hit.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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