Chester County Employees Retirement Fund v. New Residential Investment Corp.

IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE CHESTER COUNTY EMPLOYEES’ ) RETIREMENT FUND, ) ) Plaintiff, ) ) v. ) C.A. No. 11058-VCMR ) NEW RESIDENTIAL ) INVESTMENT CORP., WESLEY R. ) EDENS, MICHAEL NIERENBERG, ) ALAN L. TYSON, DAVID ) SALTZMAN, KEVIN J. FINNERTY, ) DOUGLAS L. JACOBS, FIG LLC, ) FORTRESS INVESTMENT GROUP ) LLC and FORTRESS OPERATING ) ENTITY I LP, ) ) Defendants. ) MEMORANDUM OPINION Date Submitted: July 7, 2017 Date Decided: October 6, 2017 Michael Hanrahan, Paul A. Fioravanti, Jr., Corinne Elise Amato, and Kevin H. Davenport, PRICKETT, JONES & ELLIOTT, P.A.,…