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02/08/2013 02:36:20 PM EST

Shareholders Ask Court Not To Dismiss Suit Against Company's Directors, Officers

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LexisNexis® Mealey's™ Daily Legal News

WILMINGTON, Del. - A group of shareholders told a Delaware court on Feb. 5 that their suit against a company's directors and officers should not be dismissed in favor of a New York state action because the case will require the court to develop Delaware law (In re Jefferies Group, Inc. Shareholders Litigation, No. 8059-CS, Del. Chanc.). Full story on lexis.com