McKESSON CORP. v. GREEN

Nos. A09A0524 to A09A0530.

683 S.E.2d 336 (2009)

McKESSON CORPORATION et al. v. GREEN et al. (Three Cases). Gilbertson v. Green et al. (Three Cases). Gilbertson v. Hall Family Investments, L.P. et al.

Court of Appeals of Georgia.

Certiorari Denied October 19, 2009.


Attorney(s) appearing for the Case

Morris, Manning & Martin, John H. Williamson, Atlanta, for McKesson Corporation et al.

Paul, Hastings, Janofsky & Walker, John G. Parker, Stefanie H. Jackman, Atlanta, for Gilbertson.

Fellows & LaBriola, Henry D. Fellows, Jr., Eugenia W. Iredale, Schklar, Ney & Heim, Edwin J. Schklar, William B. Ney, Magdalena M. Heim, Atlanta, for appellees.


PHIPPS, Judge.

These companion appeals arise from two actions brought by shareholders of a company seeking to recover their losses in connection with a sharp decline in the price of the company's stock. Alleging various theories of recovery, the shareholders sued corporate entities and former officers; and the defendants responded with numerous motions, including motions for summary judgment. Because the shareholders failed to demonstrate essential elements of their...

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