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January 18, 2023 | Delaware Business Court Insider

Vice Chancellor Zurn Rebukes Attorneys Over Their Tactics in Forum Selection

"I will not advise plaintiff on the proper way to find a forum," the vice chancellor wrote. "This was not it."
3 minute read
January 09, 2023 | Delaware Business Court Insider

Tesla and Shareholder Debate Final Discovery Disputes in Director Compensation Case

A shareholder's lawyer said Tesla is cherry picking what to redact without proving why it should be redacted.
4 minute read
December 08, 2022 | Delaware Business Court Insider

Shareholder Says COVID Vaccine Hopeful's Board Knew Drug Wouldn't Succeed

Maryland-based Novavax is the second company to be sued in the Court of Chancery for leading investors to believe vaccine testing and production was going better than it was.
3 minute read
November 16, 2022 | Delaware Business Court Insider

'Sheer Pain': Elon Musk Says Lofty Compensation Plan Goal Was Nearly Impossible to Meet

"If you're in enough lawsuits, you pick up a few things along the way," Musk said to the shareholder's lawyer questioning him in an examination that often turned contentious.
3 minute read
November 07, 2022 | Delaware Business Court Insider

Shareholder Tensions Rise as Corporations Consider Limiting Officer Liability

Some lawyers are concerned by the impact on options shareholders would have when making breach of duty of care claims.
4 minute read
November 04, 2022 | Delaware Business Court Insider

New SEC Proxy Vote Disclosure Rules Expected to Invite Scrutiny of Investment Funds

Making proxy votes more readable aims to inform investors, but it's yet to be seen if it will be another costly addition to information glut as SEC Chair Gary Gensler fine-tunes enforcement actions agencywide. 
5 minute read
November 03, 2022 | Delaware Business Court Insider

Case Over Musk Offer for Twitter Remains Open a Week After Deal Was Closed

The billionaire entrepreneur has taken the reins of the microblogging platform but Chancellor Kathaleen McCormick said there are still have shareholder concerns to work out.
2 minute read
November 03, 2022 | Delaware Business Court Insider

Shareholder Says PayPal Oversold Its Growth With Bots Cashing In

PayPal's cash incentive promotions throughout 2021 were linked to the creation of 4.5 million illegitimate accounts, the complaint said.
2 minute read
October 27, 2022 | Delaware Business Court Insider

Superior Court Rules Verizon to Recover $120M From Insurers

"The securities claim definition at issue here is in a standard form that is used by policyholders across the country," said Keith McKenna, a partner at Cohen Ziffer Frenchman & McKenna.
4 minute read
October 26, 2022 | Delaware Business Court Insider

Citing Defamation Cases, Plaintiffs' Firms Are Investigating Fox Corp. Shareholder Rights

A flurry of civil lawsuits targeting Fox News coverage of voting machine technology used in the 2020 election has triggered calls by shareholder attorneys to look into the cases' impact on stock prices. A Fox Corp. spokesperson called the prospective lawsuits "meritless."
3 minute read

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