Delaware Business Court Insider | News
By Ellen Bardash | September 8, 2021
Two claims brought by plaintiff shareholders were dismissed, but shareholders were determined by the court to have met the high bar of proving Boeing directors were likely to be held liable for the lack of safety checks.
Delaware Business Court Insider | News
By Ellen Bardash | September 3, 2021
The case focuses not on a deal being made hastily but on allegations that the CEO of the biotech company now known as 180 Life Sciences Corp. knowingly failed to disclose millions of dollars in liability during its negotiation process last year.
Delaware Business Court Insider
By Cedra Mayfield | August 27, 2021
Finding that claims against Finegold lacked merit, Chief U.S. Magistrate Judge Mary Pat Thynge of the District of Delaware ordered Eversheds Sutherland and its investor clients to pay Finegold's attorney fees.
Delaware Business Court Insider | News
By Ellen Bardash | July 28, 2021
Analysts and researchers quickly critiqued the Sorrento executives' claims, accusing them of using the pandemic as a springboard to capital needed to keep the company running.
Delaware Business Court Insider | News
By Ellen Bardash | July 27, 2021
Claims that have now been pending for nearly five years still aren't expected to be resolved with a court decision for months.
Delaware Business Court Insider | News
By Ellen Bardash | July 12, 2021
Questioning from both sides Monday morning boiled down to establishing context in two areas: Tesla's place in the world of solar power and Musk's role within Tesla, primarily with regard to his level of control in relation to directors.
Delaware Business Court Insider
By Ellen Bardash | June 14, 2021
U.S. District Judge Leonard P. Stark is presiding over the now-consolidated action in which Lordstown shareholders have claimed the Ohio-based company is far from meeting the benchmarks it's been touting for the production of the Endurance, the first electric full-size pickup truck.
Delaware Business Court Insider
By Ross Todd | June 8, 2021
Susan Saltzstein, the co-deputy of Skadden's nationwide securities litigation group, says the cases being filed in the wake of unprecedented market activity involving special purpose acquisition companies follow the playbook she's seen from plaintiffs in merger litigation and stock-drop suits following IPOs.
Delaware Business Court Insider | News
By Ellen Bardash | June 1, 2021
Plaintiffs alleging an insider transaction weren't eligible to file a derivative suit involving the company's 2019 IPO because they were challenging terms of a deal agreed to before they purchased stock, despite owning shares before it took place.
Delaware Business Court Insider | News
By Ellen Bardash | May 28, 2021
Misrepresentations made in SEC filings and communications with investors, the newest complaint alleges, led to Tricida shares dropping from more than $26 to $4.37 between July and October of 2020, amounting to millions in market capitalization losses.
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