Legal Opinion

In Re Healthways, Inc. Derivative Litigation

Court of Appeals of Tennessee

Decided March 14, 2011No. M2009-02623-COA-R3-CVPublished

1Opinion of the Court

IN THE COURT OF APPEALS OF TENNESSEE AT NASHVILLE October 13, 2010 Session IN RE HEALTHWAYS, INC. DERIVATIVE LITIGATION Appeal from the Chancery Court for Davidson County No. 08-1426-II Carol L. McCoy, Chancellor No. M2009-02623-COA-R3-CV - Filed March 14, 2011 Plaintiff in shareholder derivative action appeals the dismissal of his suit alleging breaches of fiduciary duty and other misconduct, including insider trading, by current and former officers and directors of corporation. Plaintiff filed suit without first making demand on the board of directors of the corporation that the directors…

2Cases cited29 opinions

  1. Kamen v. Kemper Financial Services, Inc.Supreme Court of the United States · 1991
  2. Aronson v. LewisSupreme Court of Delaware · 1984
  3. Brehm v. EisnerSupreme Court of Delaware · 2000
  4. Rales v. Blasband Ex Rel. Easco Hand Tools, Inc.Supreme Court of Delaware · 1993
  5. Guth v. Loft, Inc.Supreme Court of Delaware · 1939

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