United States Sixth Circuit

Plaintiff-shareholders sufficiently alleged demand futility in their shareholder derivative action where plaintiffs alleged with sufficient particularity facts that created a reasonable doubt about the disinterestedness and independence of a majority of the directors.

Appellate Information

• Decided 02/13/2001
• Published 02/13/2001

Judges

• Before:  MARTIN, Chief Judge;  GUY and COLE, Circuit Judges.

Court

• United States Sixth Circuit

Counsel