Levine v. Liveris
District Court, E.D. Michigan
1Opinion of the Court
OPINION AND ORDER GRANTING DEFENDANTS’ MOTION TO DISMISS
THOMAS L. LUDINGTON, United States District Judge
On April 4, 2016, Plaintiff S.M. Levine brought this derivative suit on behalf of the Dow Chemical Company (“Dow”). Compl., ECF No. 12. Levine named as Defendants Andrew N. Liveris, the President, CEO, and Chairman of Dow, as well as members of Dow’s Board of Directors and several high level officers for Dow. Id. at 5-17. He also names Dow as a nominal defendant. Id. at 5. In the Complaint, Levine asserts four claims: breach of fiduciary duty and waste of corporate assets, unjust…
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