Samuel Bashman

Morris James LLP

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Chancery Determines Certain Suits and Investigations Against Amazon Were Insufficient to Meet Credible Basis Standard to Inspect...

Wong Leung Revocable Tr. v. Amazon.com Inc., C.A. No. 2023-1251-BWD (Del. Ch. May 1, 2024) - In order to inspect books and records under Section 220 of the Delaware General Corporation Law, a stockholder-plaintiff must...more

8/16/2024 / Board of Directors , Books & Records , Breach of Duty , Delaware General Corporation Law , Fiduciary Duty , Section 220 Request , Securities and Exchange Commission (SEC) , Shareholder Litigation , Shareholders

Plaintiff Overcomes Rule 23.1 In Walmart Opioids Litigation Based In Part On Over-Redacted Documents In Books And Records...

Ontario Provincial Council of Carpenters’ Pension Trust Fund v. Walton, C.A. No. 2021-0827-JTL (Del. Ch. Apr. 26, 2023) - To assert a derivative claim, a stockholder plaintiff must plead demand futility. The plaintiffs...more

8/22/2023 / Books & Records , Breach of Duty , Fiduciary Duty , Opioid , Section 220 Request , Shareholders , Wal-Mart

Chancery Grants Inspection Demand Relying on a Short-Seller’s Report

Jacob v. Bloom Energy Corp., C.A. No. 2020-0023-JRS (Del. Ch. Feb. 25, 2021) - In a post-trial opinion in this books-and-records action pursuant to 8 Del. C. § 220, the Court of Chancery granted a stockholder’s demand to...more

3/31/2021 / Books & Records , Form 8-K , Securities and Exchange Commission (SEC) , Short Selling

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