· 5/20/2015
In re Activision Blizzard, Inc. Stockholder Litigation
Citations
- 124 A.3d 1025
- 2015 WL 2415559
- 2015 Del. Ch. LEXIS 140
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- explaining that the right to vote is a “classic example[]” of a contract right associated with shares
- noting that a direct claim for breach of corporation's organizing instrument can exist \to enforce contract rights that stockholders possess\
- explaining that a tort claim for fraud does not “arise out of the relationship between the stockholder and the corporation”
- noting that large incentive awards may raise “the specter of . . . an improper lawyer-client entanglement”
- explaining that a tort claim for fraud does not “arise out of the relationship between the stockholder and the corporation”
- noting that an alleged infringernent of a shareholder's voting rights ordinarily constitutes a direct claim
Source: CourtListener parenthetical corpus (CC0).
Judges: Laster
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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