Defendants definition
Examples of Defendants in a sentence
Nonetheless, Defendants believe that the Settlement is in the best interests of the Company, its stockholders, and its employees.
The Defendants shall play no role in the allocation of the Fee and Expense Amount among Settling Stockholders’ Counsel.
Defendants further assert, among other things, that the Settling Stockholders lack standing to litigate derivatively on behalf of the Company because the Settling Stockholders have not yet pleaded, and cannot properly plead, that a demand on the Board would be futile.
Therefore, Defendants have determined that it is desirable and beneficial that the Derivative Matters, and all of the Settling Parties’ disputes related thereto, be fully and finally settled in the manner and upon the terms and conditions set forth in this Stipulation.
Defendants further deny that the Settling Stockholders, the Company, or its stockholders suffered any damage or were harmed as a result of any act, omission, or conduct by the Individual Defendants as alleged in the Derivative Matters or otherwise.