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· 9/25/2006

Seinfeld v. Verizon Communications, Inc.

Citations

  • 909 A.2d 117
  • 25 I.E.R. Cas. (BNA) 656
  • 2006 Del. LEXIS 492
  • 2006 WL 2771558

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 plaintiff must present some evidence to establish a credible basis for the Court of Chancery to infer possible wrongdoing
  • holding that a Section 220 plaintiff need only allege a “‘credible basis’ from which a court can infer that mismanagement, waste or wrongdoing may have occurred” (emphasis added)
  • holding that a Section 220 plaintiff need only allege a “‘credible basis’ from which a court can infer that mismanagement, waste or wrongdoing may have occurred” (emphasis added)
  • holding that a Section 220 plaintiff need only allege a “‘credible basis’ from which a court can infer that mismanagement, waste or wrongdoing may have occurred” (emphasis added)
  • explaining that to satisfy the credible basis standard the stockholder must present “some evidence” of wrongdoing
  • explaining that to satisfy the credible basis standard the stockholder must present “some evidence” of wrongdoing

Source: CourtListener parenthetical corpus (CC0).

Judges: Steele, Holland, Berger, Jacobs, Ridgely

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.