Legal Opinion

In re The Home Depot, Inc. Shareholder Derivative Litigation

District Court, N.D. Georgia

Decided November 30, 2016No. CIVIL ACTION FILE NO. 1:15-CV-2999-TWTPublishedCited by 13 opinions

1Opinion of the Court

*1320OPINION AND ORDER

THOMAS W. THRASH, JR., United States District Judge

This is a shareholder derivative action. It is before the Court on the Defendants’ Motion to Dismiss [Doc. 45]. For the reasons set forth below, the Defendants’ Motion to Dismiss [Doc. 45] is GRANTED.

I. Background

This case arises out of the breach of Home Depot’s security systems and the theft of them customers’ personal financial data (the “Breach”) over the course of several months in 2014. Plaintiffs Bennek and Frohman are current Home Depot shareholders, and held shares in Home Depot at the time of the Breach.1 The…

2Cases cited31 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. Erickson v. PardusSupreme Court of the United States · 2007
  4. Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
  5. Kamen v. Kemper Financial Services, Inc.Supreme Court of the United States · 1991

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3Cited by13 opinions

  1. Jerrell Whitten v. Ronald F. ClarkeCourt of Appeals for the Eleventh Circuit · 2022
  2. McDowell v. BrackenDistrict Court, S.D. Florida · 2018
  3. City of Detroit Police and Fire Retirement System v. HamrockDistrict Court, D. Delaware · 2021
  4. Firemen's Retirement System of St. Louis v. Arne M. Sorenson (Marriott International, Inc.)Court of Chancery of Delaware · 2021
  5. In Re Danaher Corporation Shareholder Derivative LitigationDistrict Court, District of Columbia · 2021

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