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Dismissal of Shareholder Derivative Suit for Failure to Allege Demand Was Excused | Goodwin

Published: November 3, 2022

On September 27, 2022, U.S. District Judge Kevin McNulty of the District of New Jersey dismissed a consolidated derivative action allegedly brought on behalf of Cognizant Technology...

Source: jdsupra.com

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New YorkUnited StatesNew JerseyNathaniel ChastainKevin McnultyMark GreenquistGeorgea OtooleJustice Jesse FormanGeorger Jarkesy JrJoshua AbrahamsCommission OrderUs CourtDistrict CourtAudit CommitteeMattel IncCognizant Technology Solutions CorporationSecurities ExchangeSonus Networks IncJudge Kevin McnultyMassachusetts Denies Long Awaited MotionDismiss Securities ClassJudge GeorgeSonus NetworksSecurities Exchange ActJudgeo Toole