SCIABACUCCHI v. LIBERTY BROADBAND CORPORATION

C.A. No. 11418-VCG.

MATTHEW SCIABACUCCHI, Individually and on Behalf of All Others Similarly Situated, Plaintiff, v. LIBERTY BROADBAND CORPORATION, JOHN MALONE, GREGORY MAFFEI, MICHAEL HUSEBY, BALAN NAIR, ERIC ZINTERHOFER, CRAIG JACOBSON, THOMAS RUTLEDGE, DAVID MERRITT, LANCE CONN, and JOHN MARKLEY, Defendants, and CHARTER COMMUNICATIONS, INC., Nominal Defendant.

Court of Chancery of Delaware.

Decided: May 31, 2017.


Attorney(s) appearing for the Case

Kurt M. Heyman and Melissa N. Donimirski , of HEYMAN ENERIO GATTUSO & HIRZEL LLP, Wilmington, Delaware; OF COUNSEL: Jason M. Leviton and Joel A. Fleming , of BLOCK & LEVITON LLP, Boston, Massachusetts, Attorneys for Plaintiff.

Martin S. Lessner , David C. McBride , James M. Yoch, Jr. , and Paul J. Loughman , of YOUNG CONAWAY STARGATT & TAYLOR, LLP, Wilmington, Delaware; OF COUNSEL: William Savitt and Anitha Reddy , of WACHTELL, LIPTON, ROSEN & KATZ, New York, New York, Attorneys for Defendants Michael Huseby, Balan Nair, Eric Zinterhofer, Craig Jacobson, Thomas Rutledge, David Merritt, Lance Conn, John Markley, and Charter Communications, Inc.

Donald J. Wolfe, Jr. , Peter J. Walsh, Jr. , Brian C. Ralston , Tyler J. Leavengood , Jaclyn C. Levy , and Aaron R. Sims , of POTTER ANDERSON & CORROON LLP, Wilmington, Delaware; OF COUNSEL: Richard B. Harper , of BAKER BOTTS LLP, New York, New York, Attorneys for Defendants Liberty Broadband Corporation, John Malone, and Gregory Maffei.


MEMORANDUM OPINION

This matter involves a complicated set of transactions, as the reader interested enough to persevere will discover. The questions it presents are not complex, however, at least at this stage of the pleadings. The directors of the Nominal Defendant, Charter Communications...

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