In Re Intel Corp. Derivative Litigation
District Court, D. Delaware
1Opinion of the Court
OPINION
FARNAN, District Judge.
Presently before the Court is Defendant’s Motion To Dismiss The Amended Consolidated Complaint Or, In The Alternative, Stay This Action. (D.I. 21.) For the reasons discussed, the Court will grant Defendant’s Motion to the extent it seeks dismissal with prejudice of Plaintiffs Amended Complaint (D.I. 15) for failure to adequately plead demand futility pursuant to Rule 23.1 of the Federal Rules of Civil Procedure.
BACKGROUND
I. Procedural Background
Plaintiff Martin Smilow brought this derivative lawsuit against former and current members of the Board of Directors…
2Cases cited20 opinions
- Aronson v. LewisSupreme Court of Delaware · 1984
- Rales v. Blasband Ex Rel. Easco Hand Tools, Inc.Supreme Court of Delaware · 1993
- Stone v. RitterSupreme Court of Delaware · 2006
- In Re Caremark International Inc. Derivative LitigationCourt of Chancery of Delaware · 1996
- Beam Ex Rel. M. Stewart Living v. StewartSupreme Court of Delaware · 2004
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3Cited by24 opinions
- In Re Pfizer Inc. Shareholder Derivative LitigationDistrict Court, S.D. New York · 2010
- Raul v. RyndDistrict Court, D. Delaware · 2013
- In re Johnson & Johnson Derivative LitigationDistrict Court, D. New Jersey · 2011
- In re Capital One Derivative Shareholder LitigationDistrict Court, E.D. Virginia · 2013
- Bresalier ex rel. Duke Energy Corp. v. GoodDistrict Court, D. Delaware · 2017
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