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Chancellor Andre Bouchard.

The Delaware Court of Chancery has dismissed a derivative suit accusing the directors of California-based software company Hortonworks Inc. of hiding the firm’s troubled financial status from investors as they headed toward a capital raise to help the company pay its bills.

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Tom McParland

Tom McParland of Delaware Law Weekly can be contacted at 215-557-2485 or at tmcparland@alm.com. Follow him on Twitter @TMcParlandTLI.

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