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IN RE PARAMOUNT GOLD AND SILVER CONSOLIDATED CORP.

Consolidated C.A. No. 10499-CB.

IN RE PARAMOUNT GOLD AND SILVER CORP. STOCKHOLDERS LITIGATION.

Court of Chancery of Delaware.

Decided: April 13, 2017.

Attorney(s) appearing for the Case

Seth D. Rigrodsky , Brian D. Long , Gina M. Serra , and Jeremy J. Riley , RIGRODSKY & LONG, P.A., Wilmington, Delaware; Derrick B. Farrell , DLA PIPER US LLP, Wilmington, Delaware; Michael Van Gorder , FARUQI & FARUQI, LLP, Wilmington, Delaware; Peter Andrews , ANDREWS & SPRINGER LLC, Wilmington, Delaware; Shannon L. Hopkins and Sebastiano Tornatore , LEVI & KORSINSKY LLP, Stamford, Connecticut; Michael Palestina , KAHN SWICK & FOTI LLP, Madisonville, Louisiana; Juan E. Monteverde and James M. Wilson, Jr. , FARUQI & FARUQI, LLP, New York, New York; Joshua Lifshitz , LIFSHITZ & MILLER, Garden City, New York, Attorneys for Plaintiffs.

Albert H. Manwaring, IV and Albert J. Carroll , MORRIS JAMES LLP, Wilmington, Delaware, Attorneys for Defendants Christopher Crupi, John Carden, Michel Stinglhamber, Robert Dinning, Eliseo Gonzalez-Urien, Christopher Reynolds, and Shawn Kennedy.

MEMORANDUM OPINION

In this action, former stockholders of Paramount Gold and Silver Corporation ("Paramount") sued the members of its board of directors challenging a transaction Paramount entered with Coeur Mining, Inc. ("Coeur") that closed in April 2015. Defendants have moved to dismiss the complaint for failure to state...

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