Casden v. Burns

ORDER

JAMES G. CARR, Chief Judge.

This is a derivative suit and shareholder class action against current and former officers and directors of Dana Corporation [Dana]. The named plaintiff, Roberta Cas-den, alleged several corporate misdeeds harming the company’s shareholders, including breach of fiduciary duty, abuse of control, constructive fraud, gross mismanagement, waste of corporate assets, unjust enrichment, and violations of the Sar-banes-Oxley Act of 2002, 28 U.S.C. § 1658.

All derivative claims were stayed pending ongoing bankruptcy proceedings in the Southern District of New York,…