1. Home
  2. Browse Decisions
  3. IN RE RURAL METRO CORPORATION SHAREHOLDERS LITIGATION
 

IN RE RURAL METRO CORPORATION SHAREHOLDERS LITIGATION

Consolidated C.A. No. 6350-VCL.

IN RE RURAL METRO CORPORATION SHAREHOLDERS LITIGATION.

Court of Chancery of Delaware.

Decided: December 17, 2013.

Attorney(s) appearing for the Case

Joel Friedlander , Jeffrey Gorris , Jaclyn Levy , BOUCHARD, MARGULES & FRIEDLANDER, P.A., Wilmington, Delaware; Randall J. Baron , David Knotts , ROBBINS GELLER RUDMAN & DOWD LLP, San Diego, California; Attorneys for Plaintiffs.

Patricia R. Uhlenbrock , Seton C. Mangine , PINCKNEY, HARRIS & WEIDINGER, LLC, Wilmington, Delaware; Alan J. Stone , Daniel M. Perry , MILBANK, TWEED, HADLEY & McCLOY LLP, New York, NY; Attorneys for Defendant RBC Capital Markets, LLC.

MEMORANDUM OPINION

LASTER, Vice Chancellor.

The plaintiffs in this class action assert that the members of the board of directors (the "Board") of Rural/Metro Corporation ("Rural/Metro" or the "Company") breached their fiduciary duties when selling the Company to a private equity firm. The plaintiffs contend that RBC Capital Markets, LLC ("RBC") and Moelis & Company LLC ("Moelis"), who served as financial advisors to the Company...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases