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: Delaware Corporate and Commercial Litigation BlogPre-Suit Demand Excused in Stock Option Case
By Francis G. X. Pileggi, Esq.
In Weiss v. Swanson, 2008 WL 623324 (Del. Ch., March 7, 2008), read opinion here, the Chancery Court denies a motion to dismiss that asserted the failure to make pre-suit demand in a case alleging back-dating, bullet-dodging and spring-loading of stock options. The court discusses the Aronson and Rales standards.
Full post as published by Delaware Corporate and Commercial Litigation Blog on March 12, 2008 (boomark / email).
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