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IN RE MEDTRONIC, INC. SHAREHOLDER LIT.

A15-0858.

900 N.W.2d 401 (2017)

IN RE MEDTRONIC, INC. SHAREHOLDER LITIGATION.

Supreme Court of Minnesota.

Filed: August 16, 2017.

Attorney(s) appearing for the Case

Eric J. Magnuson , Robins Kaplan L.L.P., Minneapolis, Minnesota; and James K. Langdon , Michelle S. Grant , James K. Nichols , Dorsey & Whitney LLP, Minneapolis, Minnesota, for appellants.

Vernon J. Vander Weide , Gregg M. Fishbein , Richard A. Lockridge , Kate M. Baxter-Kauf , Lockridge Grindal Nauen P.L.L.P., Minneapolis, Minnesota; Mark C. Gardy , James S. Notis , Jennifer Sarnelli , Gardy & Notis, LLP, New York, New York; and Emily Komlossy , Ross Appel , Komlossy Law, P.A., Hollywood, Florida, for respondent.

David R. Marshall , Leah C. Janus , Fredrikson & Byron, P.A., Minneapolis, Minnesota, for amicus curiae Minnesota Chamber of Commerce.

OPINION

This appeal requires that we decide whether claims that respondent and shareholder Kenneth Steiner asserts in a class-action challenge to a merger transaction were properly dismissed. As relevant here, the district court determined that some claims are derivative, rather than direct, and therefore are subject...

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