Mealey's Securities/D&O Liability - Vice Chancellor Says Trial Is Appropriate In Suit Against Directors And Officers

Mealey's Securities/D&O Liability - Vice Chancellor Says Trial Is Appropriate In Suit Against Directors And Officers

WILMINGTON, Del. - A Delaware vice chancellor on April 8 denied a motion for summary judgment and said evidence regarding accusations brought by shareholders against certain of a company's directors and officers should be developed at trial (Herbert Chen, et al. v. Robert Howard-Anderson, et al., No. 5878-VCL, Del. Chanc.; 2014 Del. Ch. LEXIS 50).

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