Directors Urge Toss Of 'Kitchen Sink' $400M Merger Suit
By Jeff Montgomery ( February 7, 2017, 9:53 PM EST) -- Attorneys for former directors of a California-based network technology firm urged the Delaware Chancery Court on Tuesday to dismiss class claims for post-closing damages after a $400 million merger, saying the suit reflected a "kitchen sink" litigation strategy that failed to undermine court deference to director business judgment....
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