In re Citigroup Inc. Shareholder Derivative Litigation

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In re Citigroup Inc. Shareholder Derivative Litigation
by the Delaware Court of Chancery
Syllabus
    
Court Documents
Opinion of the Court

COURT OF CHANCERY OF DELAWARE

964 A.2d 106

IN RE CITIGROUP INC. SHAREHOLDER DERIVATIVE LITIGATION

No. 3338-CC  Argued: January 28, 2009 --- Decided: February 24, 2009

Pamela S. Tikellis, Meghan A. Adams, and Tiffany J. Cramer, of CHIMICLES & TIKELLIS LLP, Wilmington, Delaware; OF COUNSEL: Marvin A. Miller, of MILLER LAW LLC, Chicago, Illinois; Daniel W. Krasner, Peter C. Harrar, and Matthew M. Guiney, of WOLF HALDENSTEIN ADLER FREEMAN & HERZ LLP, New York, New York, Attorneys for Plaintiffs.

Gregory P. Williams and John D. Hendershot, of RICHARDS, LAYTON & FINGER, P.A., Wilmington, Delaware, Attorneys for Defendants and Nominal Defendant Citigroup Inc.

Brad S. Karp, Richard A. Rosen, and Susanna M. Buergel, of PAUL, WEISS, RIFKIND, WHARTON & GARRISON LLP, New York, New York, Attorneys for Defendants Charles Prince, Winfried Bischoff, Robert E. Rubin, David C. Bushnell, John C. Gerspach, Lewis B. Kaden, Sallie L. Krawcheck, and Gary Crittenden.

Robert D. Joffe and Richard W. Clary , of CRAVATH, SWAINE & MOORE LLP, New York, New York, Attorneys for Defendants C. Michael Armstrong, Alain J.P. Belda, George David, Kenneth T. Derr, John M. Deutch, Roberto Hernandez Ramirez, Andrew N. Liveris, Anne M. Mulcahy, Richard D. Parsons, Judith Rodin, Robert L. Ryan, Franklin A. Thomas, Ann Dibble Jordan, Klaus Kleinfeld, and Dudley C. Mecum.

Lawrence B. Pedowitz, George T. Conway III , Jonathan M. Moses , and John F. Lynch , of WACHTELL, LIPTON, ROSEN & KATZ, New York, New York, Attorneys for Nominal Defendant Citigroup Inc.

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