The Delaware Court of Chancery on Sept. 7, 2021, allowed a derivative stockholder lawsuit to proceed against The Boeing Company (Boeing), alleging that Boeing's board of directors breached their fiduciary duties by failing to...more
10/1/2021
/ Board of Directors ,
Boeing ,
Breach of Duty ,
Caremark claim ,
Corporate Counsel ,
Corporate Governance ,
Derivative Suit ,
Fiduciary Duty ,
Oversight Duties ,
Securities and Exchange Commission (SEC) ,
Securities Litigation ,
Shareholder Litigation
• The Delaware Supreme Court delivered a gift to the plaintiffs' bar with its recent opinion reversing the Court of Chancery's In Re Investors Bancorp, Inc. Stockholder Litigation decision.
• This decision, the first...more
1/3/2018
/ Appeals ,
Board of Directors ,
Corporate Counsel ,
DE Supreme Court ,
Director Compensation ,
Entire Fairness Standard ,
Fiduciary Duty ,
Motion to Dismiss ,
Ratification ,
Reversal ,
Shareholder Approval