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Judge Urged To Toss Investor Suit Over Sale of Energy Firm

Attorneys for oil and gas venture Roan Resources Inc. urged a Delaware vice chancellor on Tuesday to toss a shareholder suit challenging its $1 billion sale to a private equity-backed buyer, saying no better deal was available and stockholders overwhelmingly approved. ....

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Fight On Tap Over $4M Fee Firms Seek In CytoDyn Suit Deal

As a Delaware vice chancellor is set to consider a proposed stockholder suit settlement that will require five directors of life sciences venture CytoDyn Inc. to forfeit certain awards, three firms have come under fire for seeking $4.1 million in fees for their work on the case. ....

United States , Paula Fioravanti Jr , Mark Richardson , Labaton Sucharow , Cytodyn Inc , Vice Chancellor Paul , ஒன்றுபட்டது மாநிலங்களில் , பால பிோரவண்தி ஜூனியர் , குறி ரிச்சர்ட்சன் , துணை அதிபர் பால் ,

Fight On Tap Over Firms' $4M Fee Bid In CytoDyn Suit Deal

As a Delaware vice chancellor is set to consider a proposed stockholder suit settlement that will require five directors of life sciences venture CytoDyn Inc. to forfeit certain awards, three firms have come under fire for seeking $4.1 million in fees for their work on the case. ....

United States , Paula Fioravanti Jr , Mark Richardson , Labaton Sucharow , Cytodyn Inc , Vice Chancellor Paul , ஒன்றுபட்டது மாநிலங்களில் , பால பிோரவண்தி ஜூனியர் , குறி ரிச்சர்ட்சன் , துணை அதிபர் பால் ,

Zayo CEO Packed Board Ahead Of $14B Deal, Chancery Told

Zayo CEO Packed Board Ahead Of $14B Deal, Chancery Told
law360.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from law360.com Daily Mail and Mail on Sunday newspapers.

United States , Joel Friedlander , Paula Fioravanti , Daniel Caruso , Friedlander Gorris , Zayo Group , Zayo Group Holdings Inc , Zayo Group Holdings , Vice Chancellor Paul , ஒன்றுபட்டது மாநிலங்களில் , ஜோயல் ஃப்ரீட்‌லெஂடர் , பால பிோரவண்தி , டேனியல் கருசோ , துணை அதிபர் பால் ,

Yes, Federal Investigations May Require Your Company to Comply With a Stockholder's Books-and-Records Demands | Faegre Drinker Biddle & Reath LLP

Gross v. Biogen Inc
., C.A. No. 2020-0096-PAF (Del. Ch. Apr. 14, 2021).
On October 11, 2016, plaintiff Melvin Gross, served the first of four books-and-records demands on defendant Biogen Inc., under DGCL Section 220. Mr. Gross was a stockholder of Biogen at the time he made the demand. The demand sought eight categories of materials in order to: (1) “investigate possible corporate wrongdoing” and mismanagement related to state and federal investigations; and (2) “determine the independence of the Board members.” Biogen rejected the October 2016 demand, contending that it did not meet Section 220’s form and manner requirements, and that Gross lacked a proper purpose to inspect Biogen’s records. Through subsequent books-and-records demands on November 4, 2016, June 21, 2018, and December 3, 2019, Gross attempted to cure the alleged deficiencies, but succeeded only in prompting Biogen to argue that certain of the records sought were neither necessary nor essentia ....

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