Nicholas OLENIK, Individually and on Behalf of All Others Similarly Situated, Plaintiff Below, Appellant,
v.
Frank A. LODZINSKI, Ray Singleton, Douglas E. Swanson, Brad Thielemann, Robert L. Zorich, Jay F. Joliat, Zachary G. Urban, EnCap Investments L.P., Bold Energy III LLC, Bold Energy Holdings, LLC and Oak Valley Resources, LLC, Defendants Below, Appellees, and
Earthstone Energy, Inc., a Delaware Corporation, Nominal Defendant Below, Appellee.
Supreme Court of Delaware.https://leagle.com/images/logo.png
Before STRINE, Chief Justice; VALIHURA, and SEITZ, Justices.
SEITZ, Justice:
Nicholas Olenik, a stockholder of nominal defendant Earthstone Energy, Inc., brought class and derivative claims against the defendants challenging a business combination between Earthstone and Bold Energy III LLC. As alleged in the complaint, EnCap Investments L.P. controlled Earthstone and Bold and caused Earthstone stockholders...
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