Corporations of all sizes, public and private, are susceptible to shareholder derivative suits. These cases, ostensibly brought on behalf of the corporation, are frequently used by aggressive ...
Today, in an authoritative 18-page ruling, Delaware Vice Chancellor Parsons ordered a follow-on derivative action stayed in light of a federal securities class action arising out of the same ...
The Delaware Supreme Court held yesterday that the dismissal of a shareholder derivative action for lack of demand futility can preclude other derivative actions as long as the plaintiff in the ...
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