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AGAR v. JUDY

C.A. No. 9541-VCL.

151 A.3d 456 (2017)

Dorothy AGAR, et al., Plaintiffs, v. Michael JUDY, et al., Defendant.

Court of Chancery of Delaware.

Date Decided: January 19, 2017.

Attorney(s) appearing for the Case

Evan O. Williford , Andrew Huber , THE WILLIFORD LAW FIRM LLC, Wilmington, Delaware; Counsel for Edward Trujillo, Rachel Coughlin, Ted Kampen, James Solic, Joseph Washington, and the Preferred Investors Association

Catherine A. Gaul , F. Troupe Mickler , ASHBY & GEDDES, Wilmington, Delaware; Counsel for Roman Kitka and J. Barclay Knapp.

Sean T. Kelly , Ryan M. Ernst , George Pazuniak , O'KELLY ERNST & BIELLI, LLC, Wilmington, Delaware; Counsel for Carole Downs.

OPINION

On June 22, 2015, Preferred Communications Systems, Inc. ("PCSI" or the "Company") held an annual meeting of stockholders. The Preferred Investors Association (the "Association") opposed the reelection of the incumbent members of the Company's board of directors. In advance of the annual meeting, five members...

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