ruling-clears
Delaware Court revives case over Pincus’s Zynga stock sale
December 6, 2016 by elegant · Leave a Comment
By Tom Hals WILMINGTON, Del. (Reuters) – The Delaware Supreme Court revived a lawsuit against Zynga Inc's controlling shareholder, Mark Pincus, and fellow board members for allegedly allowing leaders of the social gaming company to act on inside information and dump stock before it crashed in 2012. Delaware's high court ruled that the Court of Chancery erred when it dismissed the lawsuit against the board of Zynga, which …
See the original post here:
Delaware Court revives case over Pincus’s Zynga stock sale