In re Wal-Mart Stores, Inc. Delaware Derivative Litigation, DEFAX Case No. D67827 (Del. Ch. July 25, 2017), Bouchard, C. (35 pages).
Plaintiffs' derivative claim was barred after a federal court in another state dismissed a similar derivative claim for failure to plead demand futility, but on remand, the Court of Chancery recommended adoption of a rule that would allow the trial court to consider the sufficiency of the subsequent complaint.
|August 09, 2017 at 12:00 AM
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