NEW: Seyfarth Shaw discusses the California Superior Court’s decisions in Sunny C. Wong v. Restoration Robotics, Inc., et al., C.A. No. 18-2609, order (Cal. Super. Sept. 1, 2020), and In re Uber Technologies, Inc. Securities...
Read MoreNEW: Is Stakeholder Value an Excuse for Underperfoming Managers? examines corporate communications following earnings announcements, finding managers are significantly more likely to cite stakeholder value maximization after...
Read MoreThe Delaware Court of Chancery, in Jeff Lipman, et al. v. GPB Capital Holdings, LLC, et al. and GPB Holdings II, LP, et al., C.A. No. 2020-0054-SG, memo. op. (Del. Ch. Nov. 18, 2020), in a derivative action brought by limited...
Read MoreThe Delaware Court of Chancery, in Deborah Pettry, et al. v. Gilead Sciences, Inc., C.A. No. 2020-0132-KSJM, memo. op. (Del. Ch. Nov. 24, 2020), in a books and records action under 8 Del. C. § 220, entered judgment in...
Read MoreThe Delaware Court of Chancery, in In re Coty, Inc. Stockholder Litigation, C.A. No. 2019-0336-AGB (consol.), memo. op. (Del. Ch. Aug. 17, 2020), declined to dismiss stockholder breach of fiduciary duty claims challenging a...
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