amazon kuiper satellite lawsuit: Amazon seeks dismissal of lawsuit over Kuiper satellite launch contracts
Amazon asked a Delaware court to dismiss a lawsuit brought by shareholders over the company's Kuiper satellite launch contracts, arguing in a filing that the plaintiffs failed to prove that directors acted in bad faith in approving one of the ecommerce giant's biggest capital expenditures.The Cleveland Bakers and Teamsters Pension Fund, a multi-employer fund, in August sued Amazon in the Delaware Court of Chancery alleging Amazon's board awarded contracts to Jeff Bezos' space company Blue Origin without proper diligence…