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John J. Donovan Loses Again: Court Rules that Award in Derivative Action beDistributed Based on Shareholders’ Investment to Avoid...

In Brining v. Donovan, the latest blow to former MIT business professor, John J. Donovan, Judge Davis held that shareholders in Donovan’s failed internet start-up, SendItLater (SIL), could recover more than $700,000 in...more

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