Del. Justices To Weigh In On AmerisourceBergen Doc Fight
Law360 (March 5, 2020, 7:36 PM EST) -- The Delaware Supreme Court agreed Thursday to weigh in on a trial court decision that ordered AmerisourceBergen to provide stockholders with records on its compliance with opioid drug distribution controls because of the decision's far-reaching impact on the First State's law dealing with investor demands for records.
A three-justice panel ruled that Vice Chancellor J. Travis Laster's Jan. 13 decision, which had swept aside AmerisourceBergen Corporation's claims that the records demand by investors representing two worker benefit funds was too broad and lacked a "proper purpose," needs to be reviewed because of its impact on Delaware law.
In his decision, Vice...
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