Mealey's Securities/D&O Liability - Directors And Officers Say Judge Was Correct In Dismissing Shareholder Suit

Mealey's Securities/D&O Liability - Directors And Officers Say Judge Was Correct In Dismissing Shareholder Suit

NEW YORK - Certain of a company's current and former directors and officers told a federal court in New York on May 15 that the court did not overlook any facts that would have altered its finding that shareholders had failed to show that presuit demand upon the company's board would have been futile (In re: JPMorgan Chase & Co. Derivative Litigation, No. 12-cv-03878, S.D. N.Y.).

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