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Chancery Court: When Stockholder Of Delaware Corporation Files Suit As Lead Plaintiff, Plaintiff Assumes Role Of A Fiduciary For The Class

Steinhardt v. Howard-Anderson , C.A. No. 5878-VCL (Del. Ch. Jan. 6, 2012), read opinion here . Issue Addressed This opinion addressed the issue of whether representative plaintiffs in a putative class action should be in sanctioned for trading on the basis of confidential information obtained in...