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Strugala v. Riggio et al
Case Number:
1:10-cv-09504
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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October 05, 2011
B&N Investor's Claims Of Board, CEO Coziness Fizzle
A New York federal judge on Wednesday dismissed a Barnes & Noble Inc. shareholder's derivative suit against the company, saying he failed to show that board members' cozy relationship with CEO Leonard Riggio caused them to rubber-stamp moves that benefited Riggio but hurt the company.
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March 08, 2011
Barnes & Noble Wants Derivative Suit Tossed
Barnes & Noble Inc. on Monday asked a New York federal court to toss a derivative class action claiming members of the bookstore chain's board of directors have mismanaged the company due to their allegedly cozy relationship with Chairman Leonard Riggio.