Ruling clears way for shareholder probe of huge exit pay of Yahoo's ex-COO

Ruling clears way for shareholder probe of huge exit pay of Yahoo's ex-COO

Yahoo CEO Marissa Mayer | REUTERS/Robert Galbraith

Yahoo! Inc‘s chief executive and its board may have mishandled the compensation of a former chief operating officer who received $60 million in severance, a Delaware judge ruled on Tuesday, clearing the way for a shareholder investigation.

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