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TURNER v. BERNSTEIN

Civ.A. No. 16190.

776 A.2d 530 (2000)

Stuart TURNER and Richard A. Bernstein, Plaintiffs, v. Joel E. BERNSTEIN, M.D., James L. Currie, Frank A. Ehmann, Neal S. Penneys, M.D., Jeremy Silverman and Laura Pearl, Defendants.

Court of Chancery of Delaware, New Castle County.

Decided: June 6, 2000.

Attorney(s) appearing for the Case

Ronald A. Brown, Jr., and James L. Holzman, of Prickett, Jones & Elliott, Wilmington, for Plaintiff.

Gregory V. Varallo, and Russell C. Silberglied, of Richards, Layton & Finger, Wilmington; Michael S. Poulos, and Lucinda J. Bach, of Piper Marbury Rudnick & Wolfe, Chicago, Illinois, of counsel, for Defendants.

OPINION

STRINE, Vice Chancellor.

This opinion addresses a motion for partial summary judgment by plaintiffs Stuart Turner and Richard A. Bernstein (collectively, the "plaintiffs") against the former directors of GenDerm Corporation. The plaintiffs allege that the GenDerm directors breached their fiduciary duties by failing to provide the GenDerm stockholders with information material to the decision whether to approve a merger of GenDerm into a wholly-owned...

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