• Company
  • Description
  • Recovery Amount
  • Tyson Foods
  • In re Tyson Foods, Inc. Consolidated Shareholder Litigation

 

Delaware Chancery Court

G&E represented a bank in a lawsuit involving the timing of stock option grants in which G&E obtained historic rulings from the Delaware Chancery Court clarifying the fiduciary duties of corporate directors in connection with the administration of these grants. Ultimately, G&E negotiated a $4.5 million cash settlement that required the company to install significant reforms in the nomination and appointment of directors, and that provided limitations on transactions between the company and members of the Tyson family.