In re Trulia, Inc. Stockholder Litigation

How courts have described this case

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

• holding that supplemental disclosures must “address a plainly material misrepresentation or omission”
• holding additional information regarding individual multiples was immaterial and amounted to “trivialities [that] was not helpful to [the] stockholders”
• explaining that the Delaware Court of Chancery has \extensive experience in adjudicating cases of this nature\
• explaining that, under Delaware law, “[a] fair summary does not require disclosure of sufficient data to allow stockholders to perform their own valuation”
• holding “the court evaluates . . . the reasonableness of the ‘give’ and the ‘get’” when determining whether to approve a derivative settlement
• noting that a fair summary is provided to shareholders where, as here, “high, low, median, and mean multiples” are disclosed

Source: CourtListener parenthetical corpus (CC0).