Delaware Court Of Chancery Assesses The Application Of Timeliness Principles To Caremark Red Flags Claim And Applies "Separate Accrual Approach" But Subsequently Dismisses Complaint For Failure To Plead Demand Futility
Shearman & Sterling
JANUARY 12, 2023
On December 15, 2022, Vice Chancellor J. Travis Laster of the Delaware Court of Chancery denied a motion to dismiss claims as untimely in a derivative action brought by stockholders against the officers and directors of AmerisourceBergen Corporation (the "Company"). Lebanon County Employees' Retirement Fund v. Collis, C.A. No. 2021-1118-JTL (Del.
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