In Re Accuray, Inc. Shareholder Derivative Litigation

How courts have described this case

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

• finding that allegations that directors served on the committee responsible for reviewing and discussing earnings-related disclosures was insufficient to establish that the directors faced a substantial likelihood of liability for false statements made in earnings disclosure
• rejecting claims because shared work or educational experiences, without more, are insufficient to raise a doubt as to a director's independence
• “Plaintiffs do not identify when they purchased Accuray shares.”
• reviewing a severance agreement under the Aronson test

Source: CourtListener parenthetical corpus (CC0).