Legal Opinion

In Re Allegiant Travel Co. Stockholder Derivative Litigation

District Court, D. Nevada

Decided December 18, 2020No. 2:18-cv-01864Unknown

1Opinion

1 UNITED STATES DISTRICT COURT 2 DISTRICT OF NEVADA 3 IN RE ALLEGIANT TRAVEL CO. Case No.: 2:18-cv-01864-APG-DJA STOCKHOLDER DERIVATIVE 4 LITIGATION1 Order Granting Motion to Dismiss 5 [ECF No. 21] 6 7 This is a shareholder derivative action against several directors and officers of Allegiant 8 Travel Company (Allegiant). Plaintiffs Mark Fullenkamp and Charles Blackburn, on behalf of 9 nominal defendant Allegiant, sue several current and former officers and directors of Allegiant 10 for breach of fiduciary duty, unjust enrichment, breach of fiduciary duty through insider trading, 11 and…

2Cases cited16 opinions

  1. Kamen v. Kemper Financial Services, Inc.Supreme Court of the United States · 1991
  2. Aronson v. LewisSupreme Court of Delaware · 1984
  3. Harris v. County of OrangeCourt of Appeals for the Ninth Circuit · 2012
  4. Rales v. Blasband Ex Rel. Easco Hand Tools, Inc.Supreme Court of Delaware · 1993
  5. Beam Ex Rel. M. Stewart Living v. StewartSupreme Court of Delaware · 2004

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