Twitter Derivative Settlement (re Plaintiff Atul Verma / Case No. 2019-0509-PAF)
Company Name | Twitter Derivative Settlement (re Plaintiff Atul Verma / Case No. 2019-0509-PAF) |
Court | COURT OF CHANCERY OF THE STATE OF DELAWARE |
ATUL VERMA, derivatively on behalf of
Nominal Defendant, TWITTER, INC.,
Plaintiff,
v.
RICHARD COSTOLO, ANTHONY
NOTO, JACK DORSEY, MARJORIE
SCARDINO, DAVID ROSENBLATT,
EVAN WILLIAMS, PETER CURRIE,
PETER FENTON, and PETER CHERNIN,
Defendants,
-and-
TWITTER, INC.,
Nominal Defendant.
C.A. No. 2019-0509-PAF
Derivative Actions were brought by Twitter stockholders on behalf of Twitter
and are pending in the Court of Chancery of the State of Delaware (the “Court”) and
the United States District Court for the District of Delaware. If the Court approves
the Settlement, it will resolve all claims brought, or that could have brought, in the
Derivative Actions. Notice of the settlement attached below.
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