Trial Victory in Breach of Fiduciary Duty Suit

Obtained a win for a private, venture-backed technology company in a suit against one of its directors for breach of fiduciary duty. The suit, filed in the Delaware Court of Chancery, arose out of the director's efforts to prevent the company from getting needed funding from an investor. Following a bench trial, the court found that the director had breached his duty of loyalty to the company.

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Patrick Gibbs Partner, Palo Alto
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Securities Litigation