The derivative department at the firm initiates actions by shareholders on behalf of corporations against officers, directors and other parties responsible for corporate wrongdoing. The department takes special interest in matters involving corporate governance issues.
Notable cases in which the firm has recently been involved are:
- In Re SFBC International, Inc. Securities & Derivative Litigation
Defendants’ Motion to Dismiss denied based on plaintiffs’ argument that it would have been futile to make a pre-suit demand on the board, thus allowing the case to go forward, and affirming the appropriate use of derivative action.
To read the opinion in this case, click here.
- Belova, Derivatively on Behalf of Triquint Semiconductor, Inc. v. Steven J. Sharp, et al.
To read the opinion in this case, click here.
- Engel, et al. v. Sexton, et al. a/k/a “In re Pool Corporation Shareholder Derivative Litigation,”
C.A. Nos. 06-10447, 06-10547, 07-116 (E.D. La. Feb. 11, 2009) – MTD denied
To read the opinion in this case, click here.
|