IN RE CBS CORPORATION STOCKHOLDER CLASS ACTION AND DERIVATIVE LITIGATION

Consolidated C.A. No. 2020-0111-JRS.

IN RE CBS CORPORATION STOCKHOLDER CLASS ACTION AND DERIVATIVE LITIGATION.

Court of Chancery of Delaware.

Date Decided: January 27, 2021.

Corrected: February 4, 2021.


Attorney(s) appearing for the Case

Michael Hanrahan, Esquire , Corinne Elise Amato, Esquire , Eric J. Juray Esquire , and Xi (Elizabeth) Wang, Esquire of Prickett, Jones & Elliott, P.A., Wilmington, Delaware; Michael J. Barry, Esquire , Christine M. Mackintosh, Esquire , John C. Kairis Esquire , and Rebecca A. Musarra Esquire , of Grant & Eisenhofer, P.A., Wilmington, Delaware; and Eric L. Zagar Esquire , and Grant D. Goodhart III, Esquire , of Kessler Topaz Meltzer & Check, LLP, Radnor, Pennsylvania, Attorneys for Plaintiffs.

Jeremy D. Anderson Esquire , of Fish & Richardson P.C., Wilmington, Delaware; and Gustavo F. Bruckner, Esquire , Samuel J. Adams Esquire , and Daryoush Behbood Esquire , of Pomerantz LLP, New York, New York, Attorneys for Executive Committee of Additional Counsel for Plaintiffs.

Matthew E. Fischer, Esquire , Michael A. Pittenger, Esquire , Christopher N. Kelly, Esquire , J. Matthew Belger, Esquire , Jacqueline A. Rogers Esquire , and Callan R. Jackson Esquire , of Potter Anderson & Corroon LLP, Wilmington, Delaware and Victor L. Hou, Esquire , Rahul Mukhi Esquire , and Mark E. McDonald Esquire , of Cleary Gottlieb Steen & Hamilton LLP, New York, New York, Attorneys for Defendants National Amusements, Inc., Sumner M. Redstone National Amusements Trust, and Shari E. Redstone, also Attorneys for Defendant Robert N. Klieger.

Daniel A. Mason, Esquire of Paul, Weiss, Rifkind, Wharton & Garrison LLP, Wilmington, Delaware and Brad S. Karp, Esquire , Bruce Birenboim, Esquire , Jaren Janghorbani Esquire , and Alexia D. Korberg Esquire , of Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, New York, Attorneys for Defendants Candace K. Beinecke, Barbara M. Byrne, Gary L. Countryman, Brian Goldner, Linda M. Griego, Martha L. Minow, Susan Schuman, Frederick O. Terrell and Strauss Zelnick.

Robert A. Penza Esquire , and Christina B. Vavala Esquire , of Polsinelli PC, Wilmington, Delaware and Kevin T. Abikoff, Esquire , Benjamin Britz, Esquire , Stephen R. Halpin III Esquire , and Robby S. Naoufal Esquire , of Hughes Hubbard & Reed LLP, Washington, DC, Attorneys for Defendant Joseph Ianniello.

Elena C. Norman Esquire , and Daniel M. Kirshenbaum Esquire , of Young Conaway Stargatt & Taylor, LLP, Wilmington, Delaware and Jonathan K. Youngwood, Esquire , Linton Mann III Esquire , and Sarah L. Eichenberger Esquire , of Simpson Thacher & Bartlett LLP, New York, New York, Attorneys for Nominal Defendant ViacomCBS Inc.


MEMORANDUM OPINION

The Beach Boys, in their original form, were quintessentially an "American Band."1 Their profound and lasting impact on American culture was recognized yet again in the fall of 2020, when Rolling Stone magazine named their seminal album, Pet Sounds, the second...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases