In Re Best Lock Corp. Shareholder Litigation

OPINION

CHANDLER, Chancellor.

Plaintiffs Dennis Wood, Castillian Ventures, Inc., Cardinal Capital Management, James E. Mitchell, Mitchell Partners, L.P., Daniel F. Raider, and Edward McLaughlin assert both fiduciary duty and disclosure claims against defendants Best Lock Corporation (“BLC”), Best Universal Lock Company (“BUL”), and Frank E. Best, Inc. (“FEB”) (each individually a “Best Company” and collectively the “Best Companies”), as well as Walter E. Best Company Inc. (‘WEBCO”) and individual defendants Russell C. Best and Mariea L. Best (the “individual defendants” or the “Bests”). Pending…