Bumble Special Litigation Committee Wins on Motion to Terminate Derivative Action
"No investigation is perfect. There's always going to be things that you can question, that you can attack," Vice Chancellor J. Travis Laster said from the bench. "The ultimate decision the court has to make is whether there are enough problems with the investigation that it arises to the level of a material dispute of fact ..."
Did a MAGA Activist Put a Judge's Safety at Risk?
The lawyer group's statement coincides with Tuesday's hearing at the U.S. Court of Appeals for the Third Circuit on a constitutional challenge to Daniel's Law by a group of corporations facing suits under the law. But the statement from the Association of the Federal Bar of New Jersey was not timed to coincide with the Third Circuit hearing.
COVID Shareholder Suits Continue to Pour In, but Plaintiffs Face Uphill Climb
“The COVID uncertainty persisted over a long period, and it was impossible to predict how long lockdowns would persist. It's hard to see how companies were better placed than the market to assess how things would swing as the pandemic receded," University of Michigan Law Professor Adam Pritchard said.