Scott Paper said its outside directors would be compensated solely in company stock as part of a revamping.
Scott Paper declined $2.75, to $46.375, also on very heavy volume.
Following the initial hearing, the case against Scott Paper was rejected.
May's mother sold 80 acres of family land to cover the costs to Scott Paper.
Scott Paper plans to cut its work force by 25 percent and shut some plants, the company's third revamping since 1990.
Her father is the vice chairman of Scott Paper in Philadelphia.
So who were the traders who laid out more than $50 a share for Scott Paper?
It was the final year before Scott Paper began sponsoring the event.
He became treasurer and a director of Scott Paper in 1940.
Scott Paper will significantly cut the number of employees in its Philadelphia headquarters by early next year.