Legal Opinion
Raul v. Rynd
District Court, D. Delaware
Decided March 14, 2013No. C.A. No. 11-560-LPSPublishedCited by 17 opinions
1Opinion of the Court
*337MEMORANDUM OPINION
STARK, District Judge.
Hercules Offshore, Inc. (“Hercules” or “the Company4’), a Delaware corporation, provides shallow-water offshore drilling and marine services to the oil and natural gas exploration and production industry. Pincus E. Raul (“Plaintiff’), a Hercules shareholder, brings this lawsuit derivatively on behalf of Hercules. Plaintiff alleges that the Hercules board of directors, assisted by an advisor, Frederick W. Cook & Co., Inc. (“FWC”), breached fiduciary duties and securities laws by approving 2010 compensation for Hercules’ top executives, despite the…
2Cases cited31 opinions
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Foman v. DavisSupreme Court of the United States · 1962
- In Re Burlington Coat Factory Securities Litigation. P. Gregory Buchanan, Jacob Turner and Ronald AbramoffCourt of Appeals for the Third Circuit · 1997
- Pension Benefit Guaranty Corporation v. White Consolidated Industries, Inc., C/o Ct Corporation Systems Registered AgentCourt of Appeals for the Third Circuit · 1993
- Robert Spruill v. Frank Gillis Goolier, C.O. McGlaughlin M.D. Brown, P.ACourt of Appeals for the Third Circuit · 2004
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3Cited by17 opinions
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- Morello v. McGeeDistrict Court, D. Connecticut · 2014
- Behrmann v. BrandtDistrict Court, D. Delaware · 2020
- Carpenters Pension Fund of Illinois v. NeidorffDistrict Court, E.D. Missouri · 2020
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