Stephen GUNDERSON, Plaintiff,
v.
The TRADE DESK, INC., Jeff Green, Lise Buyer, Andrea Cunningham, Kathryn Falberg, Gokul Rajaram, David Wells, and Samantha Jacobson, Defendants.
Court of Chancery of Delaware.https://leagle.com/images/logo.png
Date Submitted: October 30, 2024.
Date Decided: November 6, 2024.
Date Corrected: November 8, 2024.
Attorney(s) appearing for the Case
Gregory V. Varallo, Andrew E. Blumberg, Daniel E. Meyer, BERNSTEIN LITOWITZ BERGER & GROSSMANN LLP, Wilmington, Delaware; Christopher J. Orrico, Shiva Mohan, BERNSTEIN LITOWITZ BERGER & GROSSMANN LLP, New York, New York; Jeremy S. Friedman, David F.E. Tejtel, Alexander M. Krischik, David A. Rosenfeld, FRIEDMAN OSTER & TEJTEL PLLC, Bedford Hills, New York; Joel Fleming, Lauren Godles Milgroom, EQUITY LITIGATION GROUP LLP, Boston, Massachusetts; D. Seamus Kaskela, Adrienne Bell, KASKELA LAW LLC, Newtown Square, Pennsylvania; Attorneys for Plaintiff Stephen Gunderson.
Brad D. Sorrels, Andrew D. Cordo, Nora M. Crawford, Lauren G. DeBona, Jacqueline G. Conner, WILSON SONSINI GOODRICH & ROSATI P.C., Wilmington, Delaware; Colleen C. Smith, LATHAM & WATKINS LLP, San Diego, California; Blair Connelly, Zachary L. Rowen, Thomas Giblin, LATHAM & WATKINS LLP, New York, New York; Ryan A. Walsh, LATHAM & WATKINS LLP, Costa Mesa, California; David J. Berger, WILSON SONSINI GOODRICH & ROSATI P.C., Palo Alto, California; Attorneys for Defendants The Trade Desk, Inc., Jeff Green, Lise Buyer, Andrea Cunningham, Kathryn Falberg, Gokul Rajaram, David Wells, and Samantha Jacobson.
OPINION
FIORAVANTI, Vice Chancellor.
The board of directors of a Delaware corporation has recommended that the corporation reincorporate as a Nevada corporation. The board has proposed to effect the reincorporation through a conversion under Section 266 of the Delaware General Corporation...
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