Elster v. American Airlines

How courts have described this case

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

• holding that a stockholder's dilution action to enjoin the issuance of stock options was derivative, not direct, because it was essentially a claim of mismanagement of corporate assets
• plaintiff did not contend his preemptive rights were violated under Delaware corporate law where stock was unissued and action was derivative
• claims challenging the grant of stock options are derivative
• “[I]t does not follow that [the REDUS Peninsula Millsboro, LLC v. Mayer C.A. No. 8835-VCN Williams v. REDUS Peninsula Millsboro, LLC C.A. No. 10228-VCN July 13, 2015 Page 20 Fargo, however, do not provide authority for specifically analyzing the Rule 12(b)(6
• all stockholders incidentally affected by alleged corporate injury

Source: CourtListener parenthetical corpus (CC0).