Cothron v. Learner ex rel. Learner

How courts have described this case

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

• concluding that despite existence of audit committee and independent auditor, the company “had no meaningful controls in place”
• concluding that, despite existence of audit committee and independent auditor, the company “had no meaningful controls in place”
• holding that complaint stated a claim that board had abdicated its responsibilities by failing to conduct meaningful investigation and allowing management to make decisions without oversight
• holding that the plaintiff adequately alleged a Caremark claim, despite the existence of an audit committee and independent auditor, where the company had no “meaningful controls in place”
• holding that the plaintiff had adequately alleged a Caremark claim, despite the existence of an audit committee and independent auditor, where the company had not “meaningful controls in place”
• holding that the plaintiff had adequately alleged a Caremark claim, despite the existence of an audit committee and independent auditor, where the company had no “meaningful controls in place”

Source: CourtListener parenthetical corpus (CC0).