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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

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  • Supreme Court of Delaware

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