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GENTILE v. SINGLEPOINT FINANCIAL, INC.

No. 339, 2001.

788 A.2d 111 (2001)

John A. GENTILE, Plaintiff Below, Appellant, v. SINGLEPOINT FINANCIAL, INC., a Delaware corporation, f/k/a OpTeama-Soft, Inc., Defendant Below, Appellee.

Supreme Court of Delaware.

Decided: December 26, 2001.

Attorney(s) appearing for the Case

John L. Reed, (argued), Timothy R. Dudderar, Duane, Morris & Heckscher, LLP, Wilmington, Delaware, for appellant.

Jesse A. Finkelstein, Peter B. Ladig, Richards, Layton & Finger, P.A., Wilmington, Delaware, Daniel W. Halston, (argued), Sean T. Carnathan, Hale and Door, Boston, Massachusetts, for appellee.

Before: VEASEY, Chief Justice, WALSH, and HOLLAND, Justices.

PER CURIAM.

This is an appeal from a decision of the Court of Chancery on cross motions for summary judgment by appellant/plaintiff below John Gentile ("Gentile") and appellee/defendant below, SinglePoint Financial, Inc. ("SinglePoint"). Gentile, a former officer and director of SinglePoint, brought suit under 8 Del.C. § 145(k) claiming that he was entitled to mandatory advancement under SinglePoint's bylaws in...

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