2nd Circuit Affirms Dismissal Of Shareholder Suit Against GE Directors, Officers

2nd Circuit Affirms Dismissal Of Shareholder Suit Against GE Directors, Officers

NEW YORK - A Second Circuit U.S. Court of Appeals panel, in an unpublished opinion on May 3, affirmed dismissal of a shareholder suit, finding that the shareholder did not show that the directors and officers failed to exercise their business judgment (Olga Lerner v. Jeffrey R. Immelt, et al., No. 12-cv-2787, 2nd Cir.; 2013 U.S. App. LEXIS 9037).

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