Search for: "In Re: SmileDirectClub, Inc. Derivative Litigation"
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22 Jun 2021, 6:00 am
In re SmileDirectClub, Inc., 2021 WL 2182827 (Del. [read post]
12 Jun 2021, 7:29 pm
The Delaware Court of Chancery recently ruled that SmileDirectClub Inc. investors did not have derivative standing to charge that their stock value was disloyally devalued by their directors’ excessively-priced insider transaction because it originated before the initial public offering in which plaintiffs became stockholders, in In Re SmileDirectClub Inc. [read post]