Legal Opinion

In re Johnson & Johnson Derivative Litigation

District Court, D. New Jersey

Decided September 29, 2011No. Civil Action No. 10-2033 (FLW)PublishedCited by 12 opinions

1Opinion of the Court

OPINION

WOLFSON, District Judge:

This consolidated shareholder derivative action arises out of allegations that essentially accuse certain former and current officers and directors of nominal defendant company Johnson & Johnson (“J & J”) of breaching their fiduciary duties by permitting and fostering a culture of systematic, calculated and widespread legal violations. In that sense, in the Consolidated Amended Complaint (the “Complaint”), the plaintiff-shareholders (“Plaintiffs”) intimate that these board members deliberately and knowingly took no actions in curbing various illegal activities…

2Cases cited36 opinions

  1. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  2. Conley v. GibsonSupreme Court of the United States · 1957
  3. Phillips v. County of AlleghenyCourt of Appeals for the Third Circuit · 2008
  4. Fowler v. UPMC SHADYSIDECourt of Appeals for the Third Circuit · 2009
  5. Aronson v. LewisSupreme Court of Delaware · 1984

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3Cited by12 opinions

  1. In re The Home Depot, Inc. Shareholder Derivative LitigationDistrict Court, N.D. Georgia · 2016
  2. In re Johnson & Johnson Derivative LitigationDistrict Court, D. New Jersey · 2012
  3. In re Capital One Derivative Shareholder LitigationDistrict Court, E.D. Virginia · 2013
  4. Feuer v. Merck & Co.New Jersey Superior Court Appellate Division · 2018
  5. In re Abbott Depakote Shareholder Derivative LitigationDistrict Court, N.D. Illinois · 2012

7 more not listed; retrieve them via the Exa API.

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