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Twitter Derivative Settlement (re Plaintiff Atul Verma / Case No. 2019-0509-PAF)

Company NameTwitter Derivative Settlement (re Plaintiff Atul Verma / Case No. 2019-0509-PAF)
CourtCOURT 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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