Malpiede v. Townson

Decided 2001-08-27

Cited by 592 later decision(s) in our corpus · see the citation network in Lexace

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From the opinion

VEASEY, Chief Justice. In this appeal, we affirm the holding of the Court of Chancery that allegations in the class action complaint challenging a merger do not support the plaintiff stockholders’ claims alleging: (1) breaches of the target board’s duty of loyalty or its disclosure duties; and (2) aiding and abetting or tortious interference by the acquiring corporation. We furt…

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