City of Westland Police & Fire Retirement System v. Axcelis Technologies, Inc.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• “Our law recognizes investigating possible wrongdoing or mismanagement as a ‘proper purpose.’”
• “Our law recognizes investigating possible wrongdoing or mismanagement as a ‘proper purpose.’”
• “Such evidence need not prove that wrongdoing, in fact, occurred.”
• “A trial judge’s determination that a credible basis does (or does not) exist to infer managerial wrongdoing is a mixed finding of fact 14 III. ANALYSIS “Section 220(c) provides that stockholders who seek to inspect a corporation’s books and records must establish that ‘(1

Source: CourtListener parenthetical corpus (CC0).