Adam Franchi and David Pill v. Jaffrey A.Firestone

IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE ADAM FRANCHI and DAVID PILL, on ) behalf of themselves and those similarly ) situated, ) ) Plaintiffs, ) ) v. ) C.A. No. 2020-0503-KSJM ) JAFFREY A. FIRESTONE, KEVIN ) LEWIS, PETER K. SHEA, SACHIN ) LATAWA, CARL C. ICAHN, HIGH ) RIVER LIMITED PARTNERSHIP, ) KOALA HOLDING LP, STARFIRE ) HOLDING CORPORATION, and ) VOLTARI MERGER SUB LLC, ) ) Defendants. ) ORDER GRANTING MOTIONS TO DISMISS 1. This action challenges a going-private transaction through which Carl C. Icahn and affiliated entities owning approximately 53% of the voting stock of…