The Delaware Court of Chancery, in Lebanon County Employees’ Retirement Fund v. AmerisourceBergen Corp., C.A. No. 2019-0527-JTL, memo. op. (Del. Ch. Jan. 13, 2020), finds stockholders entitled to inspection of books and records for purposes of investigating possible mismanagement, emphasizing that the purpose for inspection was not limited to preparation for litigation, and examining precedent that rejects merits-based challenges to inspection based on claims that stockholders might assert in litigation.
$$$ Law360 discusses the decision in AmerisourceBergen Loses Bid To Shield Opioid Docs.