Los Angeles City Employees' Retirement System v. Glenn Sanford

IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE LOS ANGELES CITY EMPLOYEES’ ) RETIREMENT SYSTEM, on behalf of ) EXP WORLD HOLDINGS, INC., ) ) Plaintiff, ) ) v. ) C.A. No. 2024-0998-KSJM ) GLENN SANFORD, RANDALL ) MILES, DAN CAHIR, JASON ) GESING, EUGENE FREDERICK, and ) JAMES BRAMBLE, ) ) Defendants, and ) ) EXP WORLD HOLDINGS, INC., ) ) Nominal Defendant. ) OPINION Date Submitted: July 28, 2025 Date Decided: January 16, 2026 Gregory V. Varallo, BERNSTEIN LITOWITZ BERGER & GROSSMANN LLP, Wilmington, Delaware; Hannah Ross, Rebecca E. Boon, BERNSTEIN LITOWITZ BERGER & GROSSMANN LLP, New York,…