Dennis PALKON and Herbert Williamson, Plaintiffs,
v.
Gregory B. MAFFEI, Albert E. Rosenthaler, Matt Goldberg, Jay C. Hoag, Betsy Morgan, Greg O'Hara, Jeremy Philips, Trynka Shineman Blake, Jane Jie Sun, Robert S. Wiesenthal, Larry E. Romrell, J. David Wargo, Michael J. Malone, Chris Mueller, and Christy Haubegger, Defendants, and
TripAdvisor, Inc. and Liberty TripAdvisor Holdings, INC., Nominal Defendants.
Court of Chancery of Delaware.https://leagle.com/images/logo.png
OPINION DENYING MOTION TO DISMISS EXCEPT AS TO PLAINTIFFS' REQUEST FOR INJUNCTIVE RELIEF
LASTER, V.C.
A Delaware corporation has two classes of stock. The CEO/Chair owns high-vote shares carrying a majority of the outstanding voting power, giving him hard majority control. The board decides to convert the Delaware corporation into a Nevada...
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