Supreme Court of Delaware
KRASNER v. MOFFETT, 569, 2002
A stockholder class action sufficiently alleged facts to suggest that a merger transaction was not approved by a majority consisting of disinterested directors, and defendants are not entitled to the presumption of independence at the pleading stage.
Appellate Information
- Decided 06/18/2003
- Published 06/23/2003
Judges
Court
- Supreme Court of Delaware