Salsitz v. Nasser
District Court, E.D. Michigan
1Opinion of the Court
ORDER GRANTING “MOTION TO DISMISS THE AMENDED COMPLAINT”
CLELAND, District Judge.
This matter arises from Plaintiff Norman Salsitz’s Amended Verified Complaint, filed on February 24, 2002, asserting a shareholder derivative action on behalf of Ford Motor Company (“Ford” or “the Company”). The amended complaint names certain current and former directors and officers of Ford as defendants.1 It is Plaintiffs allegation that the individual defendants (hereafter “Defendants”) recklessly or intentionally breached their fiduciary duty of care to the Company with regard to three decisions made and…
2Cases cited9 opinions
- Kamen v. Kemper Financial Services, Inc.Supreme Court of the United States · 1991
- Aronson v. LewisSupreme Court of Delaware · 1984
- Brehm v. EisnerSupreme Court of Delaware · 2000
- Rales v. Blasband Ex Rel. Easco Hand Tools, Inc.Supreme Court of Delaware · 1993
- In Re Caremark International Inc. Derivative LitigationCourt of Chancery of Delaware · 1996
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3Cited by2 opinions
- Morefield v. BaileyDistrict Court, E.D. Virginia · 2013
- Hill v. State Farm Mutual Automobile InsuranceCalifornia Court of Appeal · 2008