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Amazon seeks dismissal of lawsuit over Kuiper satellite launch contracts
2023.12.12 17:48
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© Reuters. FILE PHOTO: A United Launch Alliance Atlas V rocket lifts off carrying Amazon’s two prototype relay stations for a space-based internet service it calls Project Kuiper, from the Cape Canaveral Space Force Station in Cape Canaveral, Florida, U.S., October
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© Reuters. FILE PHOTO: A United Launch Alliance Atlas V rocket lifts off carrying Amazon’s two prototype relay stations for a space-based internet service it calls Project Kuiper, from the Cape Canaveral Space Force Station in Cape Canaveral, Florida, U.S., October
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(Reuters) – Amazon.com (NASDAQ:) asked a Delaware court to dismiss a lawsuit brought by shareholders over the company’s Kuiper satellite launch contracts, arguing in a Monday filing that the plaintiffs failed to prove that directors acted in bad faith in approving one of the e-commerce giant’s biggest capital expenditures.
