Legal Opinion
LR Trust ex rel. SunTrust Banks, Inc. v. Rogers
District Court, N.D. Georgia
Decided September 18, 2017No. CIVIL ACTION NO. 1:16-cv-4132-SCJPublished
1Opinion of the Court
ORDER
HONORABLE STEVE C. JONES,' UNITED STATES DISTRICT JUDGE
This matter appears before the Court on Defendants’ Motions to Dismiss (Doc. Nos. [36], [39]).
I. BACKGROUND
On November 3, 2016, Plaintiff, LR Trust, filed a Verified Stockholder Derivative Complaint1 on behalf of nominal defendant SunTrust Banks, Inc. (“SunTrust” or the “Company”)2 against certain Sun-Trust directors and officers (the “Individual Defendants,” and collectively with Sun-Trust, the “Defendants”). Doc. -No, [1],
Plaintiff asserts ■ claims for breach- of fiduciary duties (Counts I); gross mismanagement (Count II); and…
2Cases cited25 opinions
- Larry Bonner v. City of Prichard, AlabamaCourt of Appeals for the Eleventh Circuit · 1981
- SFM Holdings Ltd. v. Banc of America Securities, LLCCourt of Appeals for the Eleventh Circuit · 2010
- In Re: Bank of New York Derivative Litigation. Mildred Kaliski and Edward J. Kaliski, Rita Hochenbaum and Rochelle Phillips, Charles H. Beck, on Behalf of the Bank of New York Company, Inc. Consolidated-Plaintiff v. J. Carter Bacot, Gerald L. Hassell, Deno D. Papageorge, Alan R. Griffith, Thomas A. Renyi, John A. Luke, Jr., William R. Chaney, William C. Richardson, Catherine Rein, Richard Barth and Donald L. Miller, the Bank of New York Company, Inc. And the Bank of New York, Nominal-Defendants-Appellees, Sergei Kotov and Vladimir GalitzineCourt of Appeals for the Second Circuit · 2003
- Kelly McGinley v. Gorman HoustonCourt of Appeals for the Eleventh Circuit · 2004
- Kaplan v. WyattSupreme Court of Delaware · 1985
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