As we have previously discussed, Lee v. Robert J. Fisher et al., Case No. 20 Civ. 6163 (N.D. Ca.), is one of a growing number of derivative lawsuits brought against public companies (in this case, The Gap Inc.) alleging...more
We have discussed in previous alerts a spate of shareholder lawsuits alleging corporate fiduciary breaches and securities law violations tied to the defendant company’s alleged failure to fulfill diversity aspirations. ...more
In a prior alert, we noted that a number of shareholder lawsuits were brought during 2020 in which large corporations and their directors were accused of fiduciary breaches and securities law violations tied to the alleged...more
3/26/2021
/ Board of Directors ,
Breach of Duty ,
Corporate Governance ,
Derivative Complaint ,
Diversity ,
Diversity and Inclusion Standards (D&I) ,
Facebook ,
Fiduciary Duty ,
Pleading Standards ,
Publicly-Traded Companies ,
Securities Violations ,
Shareholders