“I again find in the affirmative that the plaintiff has demonstrated a credible basis to suspect wrongdoing” – Vice-Chancellor J. Travis Laster, Delaware
I know what I’ll be reading in depth tomorrow. Looks like books and records cometh, at some point, to Gliksberg anyway. Big twitter thread above with full access to Gliksberg suit documents.
Gliksberg’s energy and passion (and wallet) for truth is something for which shareholders should be thankful! This is a win for the investor.
Dissident crew’s vote on McGinnis looks pretty good in retrospect!
It seems likely that the holdings of McGinnis were misreprented. Those involved in the misrepresentation (and its ramifications: a board seat) should be held accountable.