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4. Margolis was the vice president of Real Estate, Inc, and recommended that the directors of the corporation purchase a particular piece of property for
4. Margolis was the vice president of Real Estate, Inc, and recommended that the directors of the corporation purchase a particular piece of property for the company's new manufacturing plant. Four of the eight directors on the board are also members of a separate LLC that owned the property. This fact was not disclosed to the rest of the board
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