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2 Nov 2007, 11:44 am
”The Chancellor ultimately held that where the court may reasonably infer that a board of directors later concealed the nature of a grant of stock options, the court may further conclude that those options were not granted consistent with a fiduciary’s duty of loyalty.For further information, please contact  John Stigi at (213) 617-5589. [read post]
7 Jan 2008, 12:01 pm
  It is important for companies to resist the temptation to draft disclosures too finely, as those disclosures often will be judged both in hindsight and in context from the perspective of a reasonable stock market investor, not the perspective of a high-powered corporate attorney.For further information, please contact John Stigi at (213) 617-5589 or Christina Costley at (805) 879-1818. [read post]
27 May 2011, 5:50 am
For further information, please contact John Stigi at (310) 228-3717 or Laura Waluch at (213) 617-5423. [read post]
27 Jul 2012, 9:45 am
For further information, please contact John Stigi at (310) 228-3717 or Valentina Shenderovich at (212) 634-3019. [read post]
21 Oct 2013, 10:30 am by John Stigi
For further information, please contact John Stigi at (310) 228-3717 or Robin Achen at (213) 617-5579. [read post]
25 Feb 2008, 3:30 pm
  “Given the absence of statutory authority” for such an expansion, and given the absence of evidence that such standing would be necessary to “prevent a complete failure of justice,” the court concluded that a stockholder derivative action, and not a non-stockholder board member action, was the better way to redress any injury resulting from a breach of fiduciary duty by a corporate board.For further information, please contact John… [read post]
21 Jun 2010, 1:20 pm
For further information, please contact John Stigi at (310) 228-3717 or Taraneh Fard at (213) 617-5492. [read post]
10 May 2011, 1:48 pm by Sheppard Mullin
For further information, please contact John Stigi at (310) 228-3717 or Evgenia Fkiaras at (415) 774-2939. [read post]