In Re Intel Corp. Derivative Litigation

How courts have described this case

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

• concluding that preliminary findings of government investigation entitled to little weight
• noting that a prior finding of wrongdoing could not be “a ‘red flag’ that the [company’s directors allegedly disregarded at their peril”
• explaining that “the Court does not place great weight on a ‘preliminary’ finding of [a government investigation] and therefore cannot conclude that the directors now face a ‘substantial likelihood’ of liability for having allegedly ignored the [] investigation”
• applying Rales in a case of “conscious inaction” by the board
• “Plaintiff fails to identify what the Directors actually knew about the ‘red flags’ and how they responded to them.”
• prior finding of wrongdoing not “a ‘red flag’ that the Directors allegedly disregarded at their peril”

Source: CourtListener parenthetical corpus (CC0).