The Chancellor of Delaware's Court of Chancery yesterday urged the Delaware Supreme Court to revise Delaware law on preclusion
in shareholder derivative actions.
Mr. Lechtzin has also helped obtain significant corporate governance reforms
in shareholder derivative actions.
Successfully opposed summary judgment in the Massachusetts Superior Court
in a shareholder derivative action.
Obtained the complete dismissal on summary judgment for the directors of the nation's largest Korean - American bank
in a shareholder derivative action.
California Court of Appeal rules for defendants
in a shareholder derivative action brought by the former CEO of a company, who alleged his company should have sued the defendants for perceived business torts.
Defended a Cayman Island hedge fund
in a shareholder derivative action alleging the management entity misled investors and wasted corporate assets.
Not exact matches
The Briscoe Law Firm, PLLC is a full service business litigation and
shareholder rights advocacy firm with more than 20 years of experience
in complex litigation matters, including claims of investor and stockholder fraud,
shareholder derivative suits, and securities class
actions.
Rigrodsky & Long, P.A., with offices
in Wilmington, Delaware, Garden City, New York, and San Francisco, California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms
in numerous cases nationwide, including federal securities fraud
actions,
shareholder class
actions, and
shareholder derivative actions.
A graduate of the Tulane University School of Law, Minerva has focused his areas of practice
in securities law,
shareholder derivative and consumer class
action litigation.
The investigation and conclusions of the Special Committee may result
in claims and proceedings relating to such matters, including previously disclosed
shareholder and
derivative litigation and
actions by the Securities and Exchange Commission and / or other governmental agencies and negative tax or other implications for the Company resulting from any accounting adjustments or other factors.
Minority
shareholders brought a
derivative action against the majority
shareholder who had sold his control block at a premium.103 The corporation manufactured steel, and the stock sale occurred during the Korean War.104 Steel was
in short supply, and the government had imposed price controls.105 The majority
shareholder sold his stock to a consortium of steel users, who were then able to control to their benefit the allocation of the corporation's steel production.106 Due to the price controls, the corporation lost no money.
Ademi & O'Reilly is a leading securities class
action law firm based
in Wisconsin that represents classes of investors
in securities fraud, mergers & acquisitions, and
shareholder derivative litigation.
Representing the members of the board of directors of Jo - Ann Stores, Inc., a publicly traded company,
in defense of two
shareholder derivative and class
action complaints, challenging the fairness of a $ 1.6 billion «going private» merger transaction.
Lead counsel for a public healthcare company and its CEO
in defense of a securities fraud class
action and related
shareholder derivative suit.
-- a
shareholders» dispute involving a deadlock company
in which one of the two
shareholders sought permission to bring a
derivative action;
We are now defending the board of a publicly traded company
in three
shareholder derivative and class
action complaints challenging the fairness of a $ 2.5 billion merger transaction, and we are handling a matter of first impression involving the intersection of same - sex and common - law marriage.»
Representing an overseas company
in relation to a high value international
shareholders» dispute,
derivative action and fraud claim brought under the UNCITRAL arbitration rules.
Representing Sumner M. Redstone, Chairman Emeritus of Viacom and CBS,
in shareholder derivative and class
action matters
in the Delaware Court of Chancery arising out of changes to Viacom's Board of Directors and bylaws.
Tang, who joins his new firm as partner
in San Francisco, is a securities litigator who represents companies and executives
in securities class
actions,
shareholder derivative suits, mergers and acquisitions litigation, and SEC investigations.
Represented public companies and their Boards of Directors
in friendly and hostile tender offers, proxy fights,
shareholder derivative actions, and internal investigations.
The year 2017 saw two notable decisions
in the area of
shareholder derivative and class
actions, one granting a corporation's motion to dismiss a
derivative suit based on the results of a special litigation committee investigation, the other upholding the denial of class certification on the grounds that the proposed class representative could not adequately represent the class.
Some of the pre-publicity to CA 2006 suggested that the statutory duties combined with the statutory
derivative action (CA 2006, s 260) rang
in a new era
in shareholder / director relationships, providing mechanisms for greater
shareholder control and
action.
His other case experience includes the trial and appeal of dissolution and
shareholder derivative actions which established the scope of the business judgment rule
in the state of Connecticut and a murder case that was a case study on the issue of time of death
in Dr. Henry Lee's book Cracking Cases: The Science of Solving Crime.
In a ruling yesterday, the court struck an oppression claim after finding the alleged breaches affect all
shareholders of a publicly traded company and must proceed by way of a
derivative action.
«But where the allegations are only
in respect of a [party] being a
shareholder and every other
shareholder has suffered the same damage, you have to proceed by way of a
derivative action.»
Defense of leading U.S. pharmaceutical and biologic manufacturers
in national and international product liability and commercial litigation involving prescription biologics, nonsteroidal pain medications, diet drugs, statins and other medications, including class
actions, multi-district litigations, Congressional investigations, criminal proceedings, and
shareholder derivative litigation
Lash & Goldberg LLP represented a Florida limited liability company and its officers
in defense of a
shareholder derivative action involving the ownership and management of an entity formed to acquire telecommunications equipment and provide telecommunications service
in Latin America.
Weber brings a broad securities litigation practice, representing clients
in a diverse array of matters including securities class
actions,
shareholder derivative actions, proceedings initiated by the Securities and Exchange Commission and other regulatory authorities, internal corporate investigations, arbitrations and other complex commercial litigation.
Lamb's recent client successes include securing a dismissal on behalf of the board of a publicly traded company of three
shareholder derivative and class
action complaints
in Ohio and Texas challenging the fairness of a $ 2.5 billion merger transaction and prevailing
in an arbitration involving a dispute over the proper accounting treatment of certain items
in connection with another client's purchase of a business.
Brad represents public companies and auditors
in the defense of
shareholder class
actions and
derivative actions, both at trial and appeal.
Mr. Klieger is currently representing Mr. Redstone
in a Los Angeles County Superior Court
action to recover $ 150 million from Ms. Herzer and another former companion, and
in several
derivative actions filed by
shareholders of Viacom and CBS
in the Delaware Court of Chancery.
Defended directors of selling corporation
in derivative action by
shareholders for breach of fiduciary duty
Carrie frequently represents corporations and their officers and directors
in defending
shareholder derivative suits and securities class
actions.
Represents a US oil and gas producer
in parallel securities class
actions and
shareholder derivative actions pending
in Tennessee
«With a proven track record
in shareholder derivative suits and securities fraud
actions and an intimate knowledge of the appellate courts across Texas and the Texas Supreme Court, Andrew will be a strong asset to our firm and clients,» said Michael Forshey, managing partner of the Squire Patton Boggs Dallas office.
He also regularly represents companies and individuals
in shareholder class -
action and
derivative litigations.
Brought a
shareholder derivative and
shareholder oppression
action that ultimately forced the seven - figure purchase of the minority
shareholder's stock
in a prominent software development company on grounds including misuse of corporate assets, usurpation of corporate opportunities for the personal benefit of the majority
shareholder and mismanagement of the company
Mr. Girard currently serves on the leadership team
in the Target and Sony data breach
actions; serves as lead counsel
in derivative litigation on behalf of Wal - Mart
shareholders arising out of alleged bribery
in Mexico, lead counsel for commodities investors
in litigation arising out of the collapse of a commodities futures merchant, and lead counsel
in a multi-district «pay for delay» antitrust proceeding against major pharmaceutical companies.
Accordingly, the court dismissed the
derivative action, making Home Depot the latest
in a series of unsuccessful attempts by
shareholders to pursue
derivative claims
in the wake of a data breach.
In addition, we represent companies in private shareholder and derivative actions and have conducted internal and special investigations covering accounting, disclosure, insider trading, and other matters on behalf of audit and specially formed board committees of issuing companie
In addition, we represent companies
in private shareholder and derivative actions and have conducted internal and special investigations covering accounting, disclosure, insider trading, and other matters on behalf of audit and specially formed board committees of issuing companie
in private
shareholder and
derivative actions and have conducted internal and special investigations covering accounting, disclosure, insider trading, and other matters on behalf of audit and specially formed board committees of issuing companies.
The SLC prepared a report and filed a motion to dismiss the
derivative action, concluding that the
derivative action «is no longer
in the interests of KLA or its
shareholders.»
With Color, reading cases is easier than ever before, whether you're dealing with
shareholder and
derivative actions, attorney work product, the duty to defend, or the tort of wrongful discharge
in violation of public policy.
In In re Massey Energy Company
Derivative and Class Action Litigation, the Delaware Court of Chancery recently dismissed shareholders» derivative and putative direct claims alleging that Massey's former directors and officers
Derivative and Class
Action Litigation, the Delaware Court of Chancery recently dismissed
shareholders»
derivative and putative direct claims alleging that Massey's former directors and officers
derivative and putative direct claims alleging that Massey's former directors and officers caused...
As a result, the rule
in Foss v Harbottle would prevent the respondents as
shareholders from bringing suit to recover damages for wrongs caused to the corporations, absent leave to bring a
derivative action.
Successfully represented Fairway Group Holdings Corp. and its private equity owner
in a securities class
action and
shareholder derivative litigation relating to Fairway's 2013 initial public offering and subsequent disclosures.
Represented Co-founders of Marvell Technology Group
in class
action and related
shareholder derivative lawsuits and parallel regulatory investigations.
Represented the Special Committee of the Board of Directors of Apple, Inc.
in an internal investigation into the alleged backdating of stock option grants received by Apple executives including Steve Jobs, as well as the Apple Special Litigation Committee
in related
shareholder derivative lawsuits and class
action litigation.
By comparison, the Ontario Court of Appeal recently held
in Rea v. Wildeboer confirmed that, though there is the availability of both oppression and
derivative actions where the facts permit, there is still a distinction, and the court precluded the individual
shareholder from suing
in an oppression
action over matters which should properly have been brought under a
derivative action.
The respondent to the appeal maintained that a
shareholder could not sue
in his personal capacity for diminution
in share value as a result of losses the corporation suffered, and needed to sue as a
derivative action and seek leave.
Successfully representing Kinder Morgan Inc. for many years
in a number of high - profile
shareholder actions, including most recently winning the reversal by the Delaware Supreme Court of a $ 171 million trial verdict issued by the Delaware Court of Chancery against El Paso Pipeline GP Company, L.L.C., a Kinder Morgan subsidiary,
in a
derivative claim brought by a limited partner.