The California Supreme Court handed a major victory to Delaware corporations facing shareholder litigation in California courts but left open questions about how durable the success will be.
In EpicentRX v. Superior Court...more
8/7/2025
/ CA Supreme Court ,
Contract Terms ,
Corporate Charters ,
Corporate Governance ,
Delaware ,
Delaware General Corporation Law ,
Forum Selection ,
Jurisdiction ,
Jury Trial ,
Shareholder Litigation ,
Shareholders
Claims relating to statements about artificial intelligence (“AI”) have rapidly become a focal point in securities litigation. Similar to the past surge of “greenwashing” claims tied to climate change disclosures, in 2024 we...more
4/1/2025
/ Artificial Intelligence ,
Initial Public Offering (IPO) ,
Misleading Statements ,
Misrepresentation ,
Pending Litigation ,
Publicly-Traded Companies ,
Rule 10b-5 ,
Securities Act of 1933 ,
Securities Exchange Act ,
Securities Fraud ,
Securities Litigation ,
Shareholders
On March 18, 2020, in a landmark ruling in Salzberg v. Sciabacucchi, No. 346, 2019 (Del. March 18, 2020), the Delaware Supreme Court upheld the validity of provisions included in a Delaware corporation’s certificate of...more