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On January 11, 2010, in In re The Dow Chemical Company Deriv. Litig., the Delaware Court of Chancery dismissed breach of fiduciary duty claims brought against the directors of an acquiring company in connection with a completed merger
The Delaware Court of Chancery recently awarded $1.26 billion in damages in In re Southern Peru Copper Corp. S’holder Deriv. Litig. after finding that a transaction between a corporation and its controlling stockholder was unfair
On December 9, 2011, in In re Compellent Technologies, Inc. S’holder Litig., the Delaware Court of Chancery granted a $2.4 million fee award to plaintiffs’ attorneys who negotiated a settlement arising out of stockholder litigation challenging a merger
