Earthstone Energy Shareholders Score Partial Victory in Delaware Supreme Court

(CN) – The Delaware Supreme Court ruled in favor of oil and gas firm Earthstone Energy Inc., tossing shareholders’ claims that the company misled them into approving an unfair transaction between Earthstone and Bold Energy III LLC, but the court stopped short from killing the case altogether.

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Google Class Action

Alphabet shareholders claim in a federal derivative class action that directors of the company failed for six months to disclose a data breach affecting nearly 500,000 Google Plus users, causing the share price to drop by 15 percent in October 2018 as U.S. senators questioned the company’s compliance with a 2011 FTC consent decree.

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