Category Archives: Subjects of Interest

LMPERS v. Wynn: The Ninth Circuit Clarifies When a Demand Futility Excuse Is Unavailable to Shareholders in a Derivative Action

On July 18, 2016, the United States Court of Appeals for the Ninth Circuit issued a decision in Louisiana Municipal Police Employees’ Retirement System (LMPERS) v. Wynn, Case No. 10-56187, affirming the United States District Court for the District of …
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