Turner v. Peck

How courts have described this case

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

• evaluating demand futility by looking at “the board as it existed at the time the action was commenced”
• finding no self- interest for directors who sold shares at prices alleged to be artificially inflated due to granting backdated stock options

Source: CourtListener parenthetical corpus (CC0).