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State Courts -
Delaware - April 2 - April 5, 2004
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Tooley v. Donaldson, Lufkin, & Jenrette, Inc., No. 84, 2003,
SUPREME COURT OF DELAWARE, April 2, 2004, Decided
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Overview: Dismissal (but without prejudice) of shareholders' suit against corporation was proper, suit stated direct, not derivative, damages, but did not yet state ripe claim upon relief could be granted, since acquirer had right to extend merger date.
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