RAUL v. RYND

C.A. No. 11-560-LPS.

929 F.Supp.2d 333 (2013)

Pinchus E. RAUL, Derivatively on Behalf of Hercules Offshore, Inc., Plaintiff, v. John T. RYND, James W. Noe, Stephen M. Butz, Troy L. Carson, Terrell L. Carr, Lisa W. Rodriguez, Thomas N. Amonett, Thomas J. Madonna, F. Gardner Parker, Suzanne V. Baer, Stephen A. Webster, Thomas R. Bates, Jr., Thomas M. Hamilton, Thierry Pilenko and Frederic W. Cook & Co., Inc., Defendants, and Hercules Offshore, Inc., Nominal Defendant.

United States District Court, D. Delaware.

March 14, 2013.


Attorney(s) appearing for the Case

Ryan Ernst, Esquire , of O'Kelly, Ernst, Bielli & Wallen, LLC, Wilmington, DE, Eduard Korsinsky, Esquire and Michael H. Rosner, Esquire , of Levi & Korsinsky, LLP, New York, NY, for Plaintiff Pinchus E. Raul.

William M. Lafferty, Esquire , Susan W. Waesco, Esquire , Ryan D. Stottmann, Esquire , and Angela C. Whitesell, Esquire , of Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE, David D. Sterling, Esquire , S. Joy Dowdle, Esquire , and Christie Mathis, Esquire , of Baker Botts LLP, Houston, TX, for Defendants John T. Rynd, James W. Noe, Stephen M. Butz, Troy L. Carson, Terrell L. Carr, Lisa W. Rodriguez, Thomas N. Amonett, Thomas J. Madonna, F. Gardner Parker, Suzanne V. Baer, Steven A. Webster, Thomas R. Bates, Jr., Thomas M. Hamilton, Thierry Pilenko, and Hercules Offshore, Inc.

Sally J. Daugherty, Esquire , of Salmon, Ricchezza, Singer & Turchi, LLP, Wilmington, DE, Joseph L. Turchi, Esquire , of Salmon, Ricchezza, Singer & Turchi, LLP, Philadelphia, PA., David L. Miller, Esquire , of Miller, Scamardi & Carrabba P.C., Houston, TX, for Defendant Frederic W. Cook & Co., Inc.


MEMORANDUM OPINION

STARK, District Judge.

Hercules Offshore, Inc. ("Hercules" or "the Company"), a Delaware corporation, provides shallow-water offshore drilling and marine services to the oil and natural gas exploration and production industry. Pincus E. Raul ("Plaintiff"), a Hercules shareholder, brings this lawsuit derivatively on behalf of Hercules. Plaintiff alleges that the Hercules board of directors...

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