Legal Opinion
South ex rel. Hecla Mining Co. v. Baker
Court of Chancery of Delaware
Decided September 25, 2012No. C.A. No. 7294-VCLPublishedCited by 83 opinions
1Opinion of the Court
OPINION
LASTER, Vice Chancellor.
In January 2012, Heela Mining Company (“Hecla” or the “Company”) issued a press release lowering its projections for silver production, and the United States Mine Safety and Health Administration (“MSHA”) issued a press release noting *6that Hecla had been cited for numerous safety violations. Within weeks, two lawsuits alleging violations of the federal securities laws were filed in Idaho federal court. In this action, Steven and Linda South, alleged holders of an unidentified number of Hecla shares, have sued derivatively to recover on behalf of Hecla the…
2Cases cited37 opinions
- Phillips Petroleum Co. v. ShuttsSupreme Court of the United States · 1985
- Hansberry v. LeeSupreme Court of the United States · 1940
- Aronson v. LewisSupreme Court of Delaware · 1984
- Brehm v. EisnerSupreme Court of Delaware · 2000
- Rales v. Blasband Ex Rel. Easco Hand Tools, Inc.Supreme Court of Delaware · 1993
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3Cited by83 opinions
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- Pikk v. PedersenCourt of Appeals for the Tenth Circuit · 2016
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