InLouisiana Municipal Police Employees Retirement System v. Morgan Stanley & Co. , the Court of Chancery on March 4 allowed a shareholder, Louisiana Municipal Police Employees Retirement System (Lampers), to obtain information regarding the investigation by a board committee and the report of its counsel. This follows the recent decision ofKing v. VeriFone by the Supreme Court, which refused to dismiss a Section 220 suit simply because it was filed after a derivative suit for which the shareholder was seeking additional details to amend the derivative complaint.
The Lampers Case
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