Tag Archives: Shareholder derivative claims

Gordon v. Verizon Communications, Inc., Index No. 653084/13, 12/19/2014 (Schweitzer, J.)

Contract; Breach of Fiduciary Duty; Shareholder Derivative Claims; Class Action; Settlement Agreements; Supplemental Disclosures; Fairness Opinions; Legal Fees. By Jennifer Branca | Editor-In-Chief Plaintiffs, shareholders in defendants company, sought to void defendants, broadband and telecommunications company, buyout of a minority stake … Continue reading

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Kenney v Immelt, Index No. 650542/2012, 5/8/2013 (Bransten, J.)

Shareholder derivative claims; BCL § 626 demand requirement; wrongful refusal; discovery; standing By Joshua Goldman┃Editor-In-Chief Plaintiffs are GE shareholders. Plaintiff 1 became a shareholder in August 2004 and Plaintiff 2 in January 2009. In early 2008, one of GE’s subsidiaries, contributing … Continue reading

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