In combination with the Delaware Court of Chancery’s decision in In re Trulia, Inc. Stockholder Litigation, 129 A.3d 884 (Del. Ch. 2016), Judge Posner’s blistering opinion In re Walgreen Company Stockholder Litigation, 2016 WL 4207962 (7th Cir. Aug. 10, 2016), may well close the door on disclosure-only settlements in shareholder challenges to mergers.
Board Oversight of Cyber Security and Cyber-Security Disclosures: Answers to Some of the Key Questions
Cyber security is top of mind for companies, and cyber-security oversight is top of mind for corporate directors. I recently co-moderated a panel discussion for directors on board oversight of cyber security and cyber-security disclosures. I thought I’d share my thoughts on some of the key issues.
What are the board’s fiduciary duties in the…
Director Service: Is It Safe to Serve on a Public Company Board of Directors?
I am frequently asked about the safety of director service. Below is the text of a short article I wrote for a forthcoming issue of a business publication.
Although the article is short and non-technical, I decided it was a good opportunity to start a discussion here on director service. I would enjoy a dialogue…