Legal Opinion
In re Wayport, Inc. Litigation
Court of Chancery of Delaware
Decided May 1, 2013No. Consol. C.A. No. 4167-VCLPublishedCited by 86 opinions
1Opinion of the Court
OPINION
LASTER, Vice Chancellor.
The plaintiffs sued for damages arising out of their sales of stock in Wayport, Inc. (“Wayport” or the “Company”). Vice Chancellor Lamb granted the defendants’ motion to dismiss in part, and his rulings represent law of the case. See Latesco, L.P. v. Wayport, Inc., 2009 WL 2246798 (Del.Ch. July 24, 2009) (the “Dismissal Opinion”). The litigation proceeded to trial against the remaining defendants on claims for breach of fiduciary duty, aiding and abetting a breach of fiduciary duty, common law fraud, and equitable fraud. Judgment is entered in favor of plaintiff…
2Cases cited51 opinions
- In Re Burlington Coat Factory Securities Litigation. P. Gregory Buchanan, Jacob Turner and Ronald AbramoffCourt of Appeals for the Third Circuit · 1997
- Malpiede v. TownsonSupreme Court of Delaware · 2001
- Stone v. RitterSupreme Court of Delaware · 2006
- Malone v. BrincatSupreme Court of Delaware · 1998
- Rosenblatt v. Getty Oil Co.Supreme Court of Delaware · 1985
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3Cited by86 opinions
- In re Orchard Enterprises, Inc.Court of Chancery of Delaware · 2014
- Vichi v. Koninklijke Philips ElectronicsCourt of Chancery of Delaware · 2014
- Chen v. Howard-AndersonCourt of Chancery of Delaware · 2014
- In re Rural Metro Corp.Court of Chancery of Delaware · 2014
- Miller v. American Capital, Ltd. (In re NewStarcom Holdings, Inc.)United States Bankruptcy Court, D. Delaware · 2016
81 more not listed; retrieve them via the Exa API.