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KIRST v. ERCK

Civil Action No. TDC-22-0024.

616 F.Supp.3d 471 (2022)

William KIRST and Christina Kirst, Derivatively ON BEHALF OF NOMINAL DEFENDANT NOVAVAX, INC., Plaintiffs, v. Stanley C. ERCK, Margaret G. McGlynn, Rachel King, Gregg Alton, James F. Young, Richard Douglas, Rajiv I. Modi, Michael A. McManus, Jr., David Mott, Gregory F. Covino, John J. Trizzino and Novavax, Inc., Defendants.

United States District Court, D. Maryland.

Signed July 21, 2022.

Attorney(s) appearing for the Case

Jaime Walker Luse , John Bucher Isbister , Tydings and Rosenberg LLP, Baltimore, MD, Gregory M. Egelston , Bernstein Liebhard and Lifshitz LLP, New York, NY, for Plaintiffs.

C. Thomas Brown , Pro Hac Vice, Ropes & Gray LLP, New York, NY, Stefan P. Schropp , Edward Robert McNicholas , Ropes & Gray LLP, Washington, DC, for Defendants.

MEMORANDUM OPINION

Plaintiffs William and Christina Kirst filed this shareholder derivative action against nominal defendant Novavax, Inc. ("Novavax"), the members of its Board of Directors ("the Board"), and certain of its officers in the Circuit Court for Montgomery County, Maryland,...

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