Search for: "In Re: Citigroup Inc. Shareholder Derivative Litigation" Results 21 - 32 of 32
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9 May 2011, 2:00 pm by Todd Penner
  Although, this seems good for shareholders the panel mentioned the strong Business Judgment Rule protection offered in this area, citing In re Citigroup Inc. [read post]
Chancellor Chandler referred to the Chancery Court’s decision in In re Citigroup Shareholder Derivative Litigation in holding that “substantive second-guessing of the merits of a business decision… is precisely the kind of inquiry that the business judgment rule prohibits. [read post]
12 Aug 2010, 8:30 pm by Gordon Smith
Chancellor Chandler entertained such a claim last year in In re Citigroup Inc. [read post]
24 Jan 2014, 12:57 am by Kevin LaCroix
The defense has become particularly important in connection with the extensive litigation the FDIC is now pursuing against the former directors and officers of failed banks. [read post]
5 Apr 2009, 1:26 pm
In December 2008, after the Securities and Exchange Commission (”SEC”) concurred in the exclusion of shareholder proposals seeking greater disclosure of risks related to mortgage investments at Washington Mutual, a coalition of over 60 investors called on then President-Elect Obama to limit the ability of companies to exclude shareholder proposals related to corporate risk evaluation.[10] The corporate governance challenges for the companies being targeted by… [read post]
14 Jul 2009, 6:37 am
(Editor’s Note: This post comes to us from Katrina Dewey, CEO & Publisher, Lawdragon, Inc.) [read post]
26 Mar 2009, 10:40 pm
Chancellor Chandler made a similar point in a recent opinion in In re Citigroup Inc. [read post]