_construction-industry-laborers-pension-fund-et-al-v-bingle-et-al-april-26th-2023-411-2022.jpg "Construction Industry Laborers Pension Fund, et alvBingle, et al - April 26th, 2023 (411, 2022) from 411 address Video Screenshot Preview")
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⏲ Duration: 26 min 48 sec
✓ Published: 17-Aug-2023
✓ Published: 17-Aug-2023
Description:
In this Delaware Supreme Court Argument, the attorneys present their arguments in a case involving a stockholder derivative suit against SolarWinds Corporation. The plaintiffs allege that the board of directors failed to implement a system of board-level oversight for cybersecurity risks, leading to a major cyber attack on the company. The defendants argue that the plaintiffs have not met the legal standard for a Caremark claim, which requires a sustained or systematic failure of the board to ex
In this Delaware Supreme Court Argument, the attorneys present their arguments in a case involving a stockholder derivative suit against SolarWinds Corporation. The plaintiffs allege that the board of directors failed to implement a system of board-level oversight for cybersecurity risks, leading to a major cyber attack on the company. The defendants argue that the plaintiffs have not met the legal standard for a Caremark claim, which requires a sustained or systematic failure of the board to ex
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