Guest Post: Back to Basics: Board and Special Litigation Committee Investigations in Shareholder Derivative Litigation

Marc Cesarino Doug Greene In the following guest post, Marc Cesarino, a partner in the White & Williams law firm, and Doug Greene, the National Practice Leader of BakerHostetler’s Securities and Governance Litigation Team, take a look at the special litigation committee process and examine the ways in which the SLC process can be “robust, successful and efficient.” I would like to thank Marc and Doug for their willingness to allow me to publish their article as a guest post on my site. I welcome guest post submissions from responsible authors on topics of interest to this blog’s readers. Please contact me directly if you would like to submit a guest post. Here is Marc and Doug’s article.   ******************************************   Delaware law gives corporate directors the ability to control shareholder derivative litigation by Requiring a shareholder to make a demand on the board before filing a lawsuit, or to demonstrate that the…

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