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State Courts -
Delaware - February 6 - February 7, 2007
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In re Tyson Foods, Inc. Consol. S'holder Litig., Consolidated C.A. No. 1106-N,
COURT OF CHANCERY OF DELAWARE, NEW CASTLE, February 6, 2007, Decided
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Overview: In a challenge to corporate transactions, plaintiffs demonstrated equitable tolling and fraudulent concealment tolled the statute of limitations, Del. Code Ann. tit. 10, § 8106. Plaintiffs alleged defendants knowingly "spring-loaded" options to executives and directors while maintaining in public that such options were issued at market rates.
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