Legal Opinion

Guttman v. Huang

Court of Chancery of Delaware

Decided May 5, 2003No. C.A. 19571-NCPublishedCited by 242 opinions

1Opinion of the Court

OPINION

STRINE, Vice Chancellor.

In this case, the plaintiffs bring a derivative action on behalf of NVIDIA Corporation, a technology firm. They allege that the defendants — all NVIDIA directors and/or officers — either sold stock at a time when they knew material, non-public information about the company and/or are culpable for failing to prevent accounting irregularities that caused the company to restate its financial statements for the period during which the stock sales took place. The plaintiffs seek relief for NVI-DIA for harm relating to this supposed malfeasance and nonfeasance.

The…

2Cases cited11 opinions

  1. Aronson v. LewisSupreme Court of Delaware · 1984
  2. Brehm v. EisnerSupreme Court of Delaware · 2000
  3. Rales v. Blasband Ex Rel. Easco Hand Tools, Inc.Supreme Court of Delaware · 1993
  4. Cede & Co. v. Technicolor, Inc.Supreme Court of Delaware · 1994
  5. In Re Caremark International Inc. Derivative LitigationCourt of Chancery of Delaware · 1996

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3Cited by242 opinions

  1. Stone v. RitterSupreme Court of Delaware · 2006
  2. In Re Citigroup Inc. Shareholder Derivative LitigationCourt of Chancery of Delaware · 2009
  3. Wood v. BaumSupreme Court of Delaware · 2008
  4. North American Catholic Educational Programming Foundation, Inc. v. GheewallaSupreme Court of Delaware · 2007
  5. In Re Walt Disney Co. Derivative LitigationCourt of Chancery of Delaware · 2005

237 more not listed; retrieve them via the Exa API.

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