Mealey's Securities/D&O Liability - Shareholder: Presuit Demand Upon Company's Board Would Have Been Futile

Mealey's Securities/D&O Liability - Shareholder: Presuit Demand Upon Company's Board Would Have Been Futile

DENVER - A shareholder told a federal court in Colorado on April 22 that his second amended complaint against certain of a company's directors and officers contains particularized facts showing that false or misleading statements were made and that presuit demand upon the company's board would have been futile (John Seni, Derivatively on Behalf of CIBER, Inc. v. David C. Peterschmidt, et al., No. 12-cv-00320, D. Colo.).

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