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DOLAN v. ALTICE USA, INC.

C.A. No. 2018-0651-JRS.

CHARLES F. DOLAN, HELEN A. DOLAN, JAMES L. DOLAN, PATRICK F. DOLAN, COLLEEN McVEY, and DANIELLE CAMPBELL, Plaintiffs, v. ALTICE USA, INC., and ALTICE EUROPE N.V., Defendants, and CABLEVISION SYSTEMS CORPORATION and NEWS 12 NETWORKS, LLC, Nominal Defendants.

Court of Chancery of Delaware.

Decided: June 27, 2019.

Attorney(s) appearing for the Case

John L. Reed, Esquire , Matthew Denn, Esquire , and Peter H. Kyle Esquire , of DLA Piper LLP (US), Wilmington, Delaware and Robert M. Hoffman Esquire , and James C. Bookhout Esquire , of DLA Piper LLP (US), Dallas, Texas, Attorneys for Plaintiffs.

Daniel A. Mason, Esquire and Brenda W. Sullivan Esquire , of Paul, Weiss, Rifkind, Wharton & Garrison LLP, Wilmington, Delaware; Kevin G. Abrams Esquire , and J. Peter Shindel Jr., Esquire , of Abrams & Bayliss LLP, Wilmington, Delaware; and Jay Cohen Esquire , and Daniel H. Levi Esquire , of Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, New York, Attorneys for Defendants.

MEMORANDUM OPINION

Plaintiffs, Charles F. Dolan, Helen A. Dolan, James L. Dolan and Patrick F. Dolan (together, the "Dolan family"), are the founders of Cablevision Systems Corp., a publically traded Delaware corporation and one of the largest cable operators in the United States. On September 16, 2015, Cablevision...

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