KT4 Partners LLC v. Palantir Technologies, Inc.

STRINE, Chief Justice:

*741 This appeal arises from a less-than-summary books and records action brought under Section 220 of the Delaware General Corporation Law. The stockholder and plaintiff below, KT4 Partners LLC, appeals from the Court of Chancery's post-trial order granting in part and denying in part KT4's request to inspect various books and records of appellee Palantir Technologies Inc., a privately held technology company based in Palo Alto, California.

After extensive motion practice and a one-day trial, the Court of Chancery found that KT4 had shown a proper purpose of investigating…