Second Circuit Reinforces High Pleading Burden for Director Duty of Oversight Claims
By EsqSocial Corporation 20/02/14
In Welch v. Havenstein, No. 13-2648-cv, 2014 WL 322055 (2d Cir. Jan. 30, 2014) (summary order), aff’g In re SAIC Inc. Derivative Litigation, 948 F. Supp. 2d 366 (S.D.N.Y. 2013), the United States Court of Appeals for the Second Circuit affirmed the...
By: Bracewell & Giuliani LLP