Investors Behind Duke Derivative Suits Called To Meet In Del.

Law360, Wilmington (December 21, 2012, 8:19 PM EST) -- Attempting to bring order to the multitude of investor suits brought over the ouster of Duke Energy Corp.'s CEO after its merger with Progress Energy Inc., a Delaware Chancery judge on Friday invited the four largest suing shareholders to meet in the First State to determine a leadership structure.

Faced with multiple plaintiffs and law firms vying for lead status in the derivative action brought on behalf of Duke, Chancellor Leo E. Strine Jr. said there was little to the distinguish between the competitors and ordered...
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