Filter This View

  • In re Investors Bancorp, Inc. Stockholder Litigation

    Publication Date: 2018-01-03
    Practice Area: Corporate Governance
    Industry:
    Court: Court of Chancery
    Judge: Chancellor Seitz
    Attorneys: For plaintiff: Steve J. Purcell, David A. Jenkins, Neal C. Belgam and Clarissa R. Chenoweth for plaintiffs
    for defendant: Kenneth J. Nachbar and Zi-Xiang Shen for defendants.
    Case Number: D67995

    Where stockholders approved an equity incentive plan that allowed the directors discretion in making awards to themselves, the affirmative defense of ratification could not be used to dismiss the complaint.