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BURGESS v. PATTERSON

No. 2015-CA-00260-SCT.

188 So.3d 537 (2016)

William BURGESS, derivatively on behalf of BancorpSouth, Inc. v. Aubrey B. PATTERSON, Hassell H. Franklin, James Virgil Kelley, Turner O. Lashlee, Robert C. Nolan, Alan W. Perry, James E. Campbell, III, Wilbert G. Holliman, Jr., Larry G. Kirk, Guy W. Mitchell, III, William Cal Partee, Jr., Warren A. Hood, Jr., William L. Prater, Gregg Cowsert and Bancorp-South, Inc.

Supreme Court of Mississippi.

April 14, 2016.

Attorney(s) appearing for the Case

David M. McMullan, Jr. , Kip Brian Shuman , Rusty E. Glenn , Robert B. Weiser , Brett D. Stecker , James M. Ficaro , attorneys for appellant.

James Patrick Caldwell , Kevin B. Smith , attorneys for appellees.

Before WALLER, C.J., KITCHENS and COLEMAN, JJ.

¶ 1. William Burgess, a common stock shareholder of BancorpSouth, Inc., filed a shareholder derivative action in the Circuit Court of Lee County after a Special Committee comprised of BancorpSouth directors and officers rejected his presuit demand. Burgess, in his presuit demand and in his Shareholder Derivative...

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