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IN RE JOHNSON & JOHNSON DERIVATIVE LITIGATION

Civil Action No. 10-2033 (FLW).

865 F.Supp.2d 545 (2011)

In re JOHNSON & JOHNSON DERIVATIVE LITIGATION.

United States District Court, D. New Jersey.

September 29, 2011.

Attorney(s) appearing for the Case

Audra Elizabeth Petrolle , Donald A. Ecklund , James E. Cecchi , Lindsey H. Taylor , Carella Byrne Cecchi Olstein Brody & Agnello, Roseland, NJ, Lisa J. Rodriguez , Nicole M. Acchione , Trujillo Rodriguez & Richards, LLC, Haddonfield, NJ, James C. Shah , Shepherd, Finkelman, Miller & Shah, LLP, Collingswood, NJ, Peter S. Pearlman , Cohn, Lifland, Pearlman, Herrmann & Knopf, LLP, Saddle Brook, NJ, for Plaintiff.

Edwin F. Chociey, Jr. , Riker, Danzig, Scherer, Hyland & Perretti LLP, Morristown, NJ, Donald A. Robinson , Leda Dunn Wettre , Keith J. Miller , Robinson, Wettre & Miller LLC, Newark, NJ, for Defendant.

OPINION

WOLFSON, District Judge.

This consolidated shareholder derivative action arises out of allegations that essentially accuse certain former and current officers and directors of nominal defendant company Johnson & Johnson ("J & J") of breaching their fiduciary duties by permitting and fostering a culture of systematic, calculated and widespread legal violations. In that sense, in the Consolidated Amended Complaint (the "Complaint"), the plaintiff...

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