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CALIFORNIA STATE TEACHERS' v. BLANKENSHIP

No. 14-1339.

814 S.E.2d 549 (2018)

CALIFORNIA STATE TEACHERS' RETIREMENT SYSTEM, Amalgamated Bank as Trustee for the Longview Collective Investment Funds, Manville Personal Injury Settlement Trust, Derivatively on Behalf of Massey Energy Company, Philip R. Arlia, and Brian Lynch, Plaintiffs Below, Petitioners, v. Don L. BLANKENSHIP; Baxter F. Phillips, Jr.; Dan R. Moore; E. Gordon Gee; Richard M. Gabrys; James B. Crawford; Bobby R. Inman; Robert H. Foglesong; Stanley C. Suboleski; J. Christopher Adkins; Jeffrey M. Jarosinski; M. Shane Harvey; and Mark A. Clemens, Defendants Below, Respondents, and Massey Energy Company, a Delaware Corporation, Nominal Defendant Below, Respondent.

Supreme Court of Appeals of West Virginia.

Filed: May 25, 2018.

Attorney(s) appearing for the Case

Badge Humphries, Esq. , Lewis Babcock L.L.P., Sullivan's Island, South Carolina and Anne McGinness Kearse, Esq. , Motley Rice LLC, Mount Pleasant, South Carolina, Lead Counsel for Petitioners.

Carl N. Frankovitch, Esq. , Frankovitch, Anetkis, Simon, Decapio & Pearl LLP, Weirton, West Virginia, Counsel for Petitioner Arlia and Executive Committee Member.

Kevin A. Seely, Esq. , pro hac vice, Robbins Arroyo, LLP, San Diego, California, Executive Committee Member.

Jay N. Razzouk, Esq. , pro hac vice, Jay N. Razzouk, Attorney at Law, San Bernardino, California, Executive Committee Member.

Alfred G. Yates, Jr., Esq. , Law Offices of Alfred G. Yates, Jr., P.C., Pittsburgh, Pennsylvania, Counsel for Petitioner Arlia and Executive Committee Member.

A. L. Emch, Esq. , Jonathan L. Anderson, Esq. , Albert F. Sebok, Esq. , Jackson Kelly PLLC, Charleston, West Virginia, Counsel for Respondents Moore, Gee, Gabrys, Crawford, Inman, Foglesong, and Suboleski.

Thomas V. Flaherty, Esq. , Flaherty Sensabaugh Bonasso PLLC, Charleston, West Virginia, Counsel for Respondents Blankenship, Phillips, Adkins, Jarosinski, Harvey, and Clemens.

Jeffrey K. Phillips, Esq. , Steptoe & Johnson PLLC, Lexington, Kentucky and Mitchell A. Lowenthal, Esq. , pro hac vice, Boaz S. Morag, Esq. , pro hac vice, Cleary Gottlieb Steen & Hamilton LLP, New York, New York, Counsel for Respondent Massey Energy Company n/k/a Alpha Appalachia Holdings, Inc.

The petitioners, who were several shareholders of the former company/nominal respondent Massey Energy Company ("Massey" or "the company"), appeal the November 20, 2014, Amended Final Order of the Circuit Court of Kanawha County denying their motion for leave to file a Second Amended Complaint and dismissing their pending Amended...

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