State Derivative Action definition

State Derivative Action means the shareholder derivative action titled Helen E. Piper Survivor’s Trust, derivatively on behalf of The Southern Company v. Thomas A. Fanning et al., No. 17-A-04758-10, Superior Court of Gwinnett County, State of Georgia.
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State Derivative Action means the consolidated state actions known as In re Broadcom Corp. Derivative Litigation, Lead Case No. 06CC00124, pending in the Superior Court of the State of California, County of Orange, before the Honorable Ronald L. Bauer, together with any other derivative lawsuit filed in state court arising out of, based upon or related to the allegations, transactions, facts, matters or occurrences, representations or omissions involved, set forth, or referred to in any of the claims in the Federal Derivative Action.
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State Derivative Action means the consolidated shareholder derivative actions filed on behalf of Arena, entitled In re Arena Pharmaceuticals, Inc. Shareholder Derivative Litigation, Lead Case No. 37-2010-00101051-CU-BT-CTL, pending in the State Court.
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Examples of State Derivative Action in a sentence

  • On April 12, 2011, the Superior Court issued an order granting a stay (which currently remains in place) of the State Derivative Action on the grounds that, among other reasons, the case is duplicative of the First Derivative Action.

  • Should the above matters (i.e., the Federal Derivative Actions or the State Derivative Action) be decided against the Company in an amount that exceeds the Company's insurance coverage, or if liability is imposed on grounds that fall outside the scope of the Company's Directors and Officers Liability insurance coverage, the Company could not only incur a substantial liability, but also experience an increase in similar suits and suffer reputational harm.

  • Three of the matters comprising the State Derivative Action alleged causes of action for breach of fiduciary duty arising out of (i) the Company's alleged failure to maintain adequate accounting and internal control policies and procedures; and (ii) the Company's alleged violation of state and federal immigration laws in connection with the previously disclosed termination of over 1,500 employees following an Immigration and Customs Enforcement inspection.

  • Shareholder Derivative Litigation, Lead Case No. BC 443763 (the "State Derivative Action").

  • The Settling Parties agree that the Fee and Expense Award shall fully satisfy any and all claims for an award of attorneys’ fees and expenses in connection with the Consolidated State Derivative Action, the Federal Derivative Action, or the Settlement.


More Definitions of State Derivative Action

State Derivative Action means the action entitled Flanagan v. Rued, et al., Case No. 17-cv-004401 (Circuit Court of Milwaukee County, State of Wisconsin).
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State Derivative Action means the consolidated shareholder derivative action pending in the Superior Court of ▇▇▇▇▇▇ County, Georgia, captioned In re Flowers Foods, Inc. Derivative Litigation, Master File No. SUCV2018000405.
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State Derivative Action means the action pending in the State Court, captioned Port Authority of Allegheny County v. Bidzos, Case No. 1:06- cv-069192, to which, along with the Federal Action and the Santa Clara Action, this Settlement Agreement applies.
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State Derivative Action means In re Comverse Technology, Inc., No. 601272/2006, pending in the Supreme Court of the State of New York, County of New York before the Honorable Richard Lowe III.
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State Derivative Action means the action pending in the State Court, captioned Port Authority of Allegheny County ▇. ▇▇▇▇▇▇, Case No. 1:06-cv-069192, to which, along with the Federal Action and the Santa ▇▇▇▇▇ Action, this Settlement Agreement applies.
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State Derivative Action means the derivative action captioned Advanced Advisors, G.P. et al. v. Stephen Berman et al., Case No. SC123546 (Cal. Super. Ct.), filed on December 18, 2014 in the California Superior Court by Consolidated Plaintiffs.
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State Derivative Action means In re Activision Shareholder Derivative Litigation, Los Angeles Superior Court, Case No. SC090343.
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