KSF News & Victories

The Hon. Morgan T. Zurn, Vice Chancellor of the Court of Chancery of the State of Delaware, rendered a ruling finding that plaintiffs represented by Kahn Swick & Foti LLC properly sought books and records to investigate wrongdoing in the process leading up to the merger of Parsley Energy, Inc. in pursuit of a post-close breach of fiduciary duty action.

The Court approved the settlement of the stockholder derivative action brought on behalf of Twitter, Inc. (“Twitter”) against several of Twitter’s current and former directors and officers for breach of fiduciary duties.