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SAITO v. McKESSON HBOC, INC.

No. 376, 2001.

806 A.2d 113 (2002)

Noel SAITO, Plaintiff Below, Appellant, v. McKESSON HBOC, INC., a Delaware corporation, Defendant Below, Appellee.

Supreme Court of Delaware.

Decided: June 11, 2002.

Attorney(s) appearing for the Case

Pamela S. Tikellis, Esquire (argued), Robert J. Kriner, Jr., Esquire and Beth Deborah Savitz, Esquire, of Chimicles & Tikellis, LLP, Wilmington, Delaware; Robert S. Green, Esquire, and Robert A. Jigarjian, Esquire, of Girard & Green, LLP, San Francisco, California, for Appellant.

Anthony W. Clark, Esquire, and Paul J. Lockwood, Esquire (argued), of Skadden, Arps, Slate, Meagher & Flom, LLP, Wilmington, Delaware, for Appellee.

Before VEASEY, Chief Justice, WALSH, HOLLAND, BERGER, Justices and HARTNETT, Justice (Retired), constituting the Court en Banc.

BERGER, Justice.

In this appeal, we consider the limitations on a stockholder's statutory right to inspect corporate books and records. The statute, 8 Del.C. § 220, enables stockholders to investigate matters "reasonably related to [their] interest as [stockholders]" including, among other things, possible corporate wrongdoing. It does not open the door to the wide ranging discovery that would be available in...

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