In re McDonald’s Corporation Stockholder Derivative Litigation, plaintiff-stockholders of McDonald’s asserted claims for breach of fiduciary duty against McDonald’s, its Board of Directors, certain officers for alleged corporate culture of sexual harassment and misconduct.
Last year, we discussed how stockholder complaints concerning environmental, social, and governance (“ESG”) issues were making their way to the courtroom and, specifically, how the.
More than 25 years ago, the Delaware Court of Chancery held that corporate directors owe a "duty of oversight," which requires that directors in good faith both (a) implement a reasonable reporting.
Installation issues seemingly caused April recall of around 129,000 Murphy wall beds shared by Bestar, US Consumer Product Safety Commission. Announcement blames impact, crushing hazards. Bestar received 61 incident reports, including death of 79-year-old woman.