DELAWARE COURT OF CHANCERY

In re Martha Stewart Living Omnimedia, Inc. Stockholder Litigation, DEFAX Case No. D67850 (Del. Ch. Aug. 18, 2017), Slights, V.C. (70 pages).

Minority stockholders failed to plead sufficient facts to support a reasonable inference that the controlling stockholder engaged in a conflicted transaction where procedural protections were in place prior to the negation of side agreements. Motions to dismiss granted.