Meta Investors Settlement With Zuckerberg Takes Heat Off Delaware July 22, 2025 By Tom Hals A last-minute settlement between Meta Platforms shareholders and the company’s leadership last week ended an $8 billion trial and spared...
Delaware Bill Would Limit Investor Lawsuits as Companies Consider Exiting State February 18, 2025 By Tom Hals Delaware lawmakers on Monday proposed changes to the U.S. state’s widely used corporate law that would limit shareholder lawsuits after...
Trial Asks the $2 Billion Question: Does Musk Control Tesla? July 12, 2021 By Tom Hals Does Elon Musk control Tesla Inc. or does Tesla control Elon Musk? More than $2 billion hinges on that question...
Judge Questions Why Facebook May Have Overpaid in Data Privacy Settlement February 11, 2021 By Tom Hals Facebook Inc. may have paid $4.9 billion more than the maximum penalty it faced under a settlement agreement with regulators...
McKesson Board Minutes Indicate Little Oversight by Directors of Opioid Operations, Lawsuit Says December 11, 2017 By Anders Melin and Jef Feeley McKesson Corp.’s board failed to audit the company’s system to spot suspicious shipments of opioid-based painkillers even after agreeing to...
Delaware Court Delays Patriot National Dividend, Stock Repurchase Plans December 18, 2016 By Sinead Carew Shares of Patriot National Inc fell 4.6 percent on Friday after it announced late Thursday that it could not pay...
Delaware Court Raising Standards for Class Actions Against Mergers September 21, 2015 By Tom Hals A Delaware judge signaled on Thursday that the rules are changing for shareholder class actions challenging corporate mergers, which are...
GM Directors Off the Hook; Court Nixes Investors’ Lawsuit Over Ignition Switch June 30, 2015 By Jef Feeley General Motors Co. directors don’t have to face investors’ allegations that lax supervision allowed the company to make cars with...
Wal-Mart Must Share Documents on Mexico Bribery Probe: Court July 28, 2014 By Tom Hals The Delaware Supreme Court affirmed last Wednesday a lower court ruling that ordered Wal-Mart Stores Inc. to provide a shareholder...
Del. Gov. Nominates Corporate Attorney Bouchard to Lead Chancery Court March 21, 2014 By Tom Hals Delaware lawyer Andre Bouchard was nominated on Thursday to replace Leo Strine as the chief judge of the state’s Court...