United States Third Circuit

Dismissal of a shareholder derivative suit contending that a corporation failed to make certain required disclosures in a proxy statement that solicited shareholder approval for a new stock option plan is affirmed where the district court did not err in holding that plaintiff failed to state a claim upon which relief can be granted.

Appellate Information

• Decided 08/24/2006
• Published 08/24/2006

Judges

• Before SLOVITER, McKEE and RENDELL, Circuit Judges.

Court

• United States Third Circuit

Counsel

• For Appellant:
  
• A. Arnold Gershon, Ballon, Stoll, Bader & Nadler, New York, NY, for Appellant.


• For Appellees:
  
• Christopher P. Malloy, Skadden, Arps, Slate, Meagher & Flom, New York, NY, for Appellees Hans W. Becherer, Gordon M. Bethune, Jaime Chico Pardo, Ann M. Fudge, James J. Howard, Bruce Karatz, Russell E. Palmer, Ivan G. Seidenberg, Marshall N. Carter, David M. Cote, Robert P. Luciano, John R. Stafford, Michael D. Wright., Anthony M. Gruppuso, Gibbons, Del Deo, Dolan, Griffinger & Vecchione, Newark, NJ, Yosef J. Riemer, Kirkland & Ellis, New York, NY, for Appellee Honeywell International, Inc.