Legal Opinion
Schultz v. Ginsburg
Supreme Court of Delaware
Decided February 3, 2009No. 341, 2008PublishedCited by 22 opinions
1Opinion of the Court
STEELE, Chief Justice.
Chuck Ginsberg, a stockholder in the Philadelphia Stock Exchange (PHLX), filed a class action alleging a Charter Violation and Economic Dilution in the Court of Chancery against the PHLX, its Board, and the Strategic Investors. 1 The parties settled on the eve of trial, but several groups of PHLX shareholders objected to the settlement.
The Chancellor determined that the settlement was fair and reasonable; the objectors appealed that decision. We affirmed the Chancellor’s decision. 2 Ginsberg then presented a proposed allocation plan. The Chancellor held a hearing for the…
2Cases cited9 opinions
- In Re: Cendant Corporation LitigationCourt of Appeals for the Third Circuit · 1992
- In re Global Crossing Securities & Erisa LitigationDistrict Court, S.D. New York · 2004
- Staar Surgical Co. v. WaggonerSupreme Court of Delaware · 1991
- MCA, Inc. v. Matsushita Electric Industrial Co.Supreme Court of Delaware · 2001
- Omnicare, Inc. v. NCS Healthcare, Inc.Court of Chancery of Delaware · 2002
4 more not listed; retrieve them via the Exa API.
3Cited by22 opinions
- BVF Partners L.P. v. New Orleans Employees' Retirement SystemSupreme Court of Delaware · 2012
- In re El Paso Pipeline Partners, L.P. Derivative LitigationCourt of Chancery of Delaware · 2015
- St. Clair Shores General Employees Retirement System v. EibelerDistrict Court, S.D. New York · 2010
- Duncan v. MORENO ENERGY, INC.Louisiana Court of Appeal · 2010
- Acela Investments LLC v. Raymond DiFalcoCourt of Chancery of Delaware · 2020
17 more not listed; retrieve them via the Exa API.