In Re UnitedHealth Group Inc. Shareholder Derivative Litigation
Supreme Court of Minnesota
1Opinion of the Court
OPINION
ANDERSON, G. BARRY, Justice.
This case arises from a certified question from the United States District Court for the District of Minnesota regarding the extent to which a court, in deciding whether to approve a proposed settlement of a shareholder derivative action, must defer to the decision of a special litigation committee “SLC” that the derivative action should be settled on specific terms.
In 2006 the Wall Street Journal reported that executives at various U.S. corporations received stock options on dates that coincided with a low price (or, in some cases, the lowest price for a…
2Cases cited35 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
- Hanna v. PlumerSupreme Court of the United States · 1965
- Dataphase Systems, Inc. v. C L Systems, Inc.Court of Appeals for the Eighth Circuit · 1981
- Gasperini v. Center for Humanities, Inc.Supreme Court of the United States · 1996
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- J.E.B. v. DanksSupreme Court of Minnesota · 2010
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