Trial Win for eBay in Delaware Shareholder Dispute

Obtained a trial victory for eBay in the high-profile shareholder dispute eBay v. Craigslist in the Delaware Court of Chancery. The court found that select Craigslist directors breached their fiduciary duties to eBay by implementing provisions, including a poison pill, aimed at diluting eBay's stake to 24.9 percent from 28.4 percent and hindering its ability to sell that stake to a third party.

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Michael Rhodes Partner, San Francisco
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Securities Litigation