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In Re Vaxart Inc. Stockholder Litig.
Publication Date: 2021-12-14
Practice Area: Corporate Governance
Industry: Biotechnology | Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Fioravanti
Attorneys:
For plaintiff: Stephen E. Jenkins, F. Troupe Mickler, IV, Ashby & Geddes, P.A., Wilmington, DE; Gregory V. Varallo, Bernstein Litowitz Berger & Grossmann LLP, Wilmington, DE; Jeroen van Kwawegen, Daniel E. Meyer, Margaret Sanborn-Lowing, Bernstein Litowitz Berger & Grossmann LLP, New York, NY; Gustavo F. Bruckner, Samuel J.Adams, Daryoush Behbood, Pomerantz LLP, New York, NY; Sascha N. Rand, Rollo C. Baker, IV , Silpa Maruri, Jesse Bernstein, Charles H. Sangree, Quinn Emanuel Urquhart & Sullivan, LLP, New York, NY; Stanley D. Bernstein, Matthew Guarnero, Bernstein Liebhard LLP, New York, NY; William J. Fields, Christopher J. Kupka, Samir Shukurov, Fields Kupka & Shukurov LLP, New York, NY for plaintiffs.
For defendant: Brock E. Czeschin, Andrew L. Milam, Richards Layton & Finger, P.A., Wilmington, DE; Riccardo DeBari, Renee Zaytsev, Mendy Pie-karski, Thompson Hine, New York, NY; Matthew F. Davis, Abraham C. Schneider, Potter Anderson & Corroon LLP, Wilmington, DE; Douglas A. Rappaport, Kaitlin D. Shapiro, Elizabeth C. Rosen, Madeleine R. Freeman, Akin Gump Strauss Hauer & Feld LLP, New York, NY for defendants.
Case number: D69639

The court held that plaintiff shareholders were required to make a demand on the board prior to filing suit. Because they did not make a demand, their claims failed. Motion to dismiss granted.

December 06, 2021 | The American Lawyer

What's Holding Law Firms Back From Innovation?

Recent surveys suggest firms aren't perceived as particularly innovative, and while they are making progress in areas like technology and analytics, they could do more to leverage them.
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December 03, 2021 | Law.com

How I Made Partner: 'I Found Synergies With My Colleagues and Created Opportunities for Our Collective Success," Says Renee Zaytsev of Thompson Hine

"Don't be complacent. I spent way too long in the status quo because it was easy, not because it made me happy. Continuing to do something just because it's comfortable will rarely get you where you want to go—or will just make you miserable when you get there."
5 minute read
December 01, 2021 | National Law Journal

Arnold & Porter Recruits Government Contract Heavyweights

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November 23, 2021 | Daily Report Online

Thompson Hine Lawyers Appear for UPS in ERISA Lawsuit

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
November 17, 2021 | Law.com

Compliance Hot Spots: A Record-Shattering Year for the SEC Whistleblower Program + Antitrust Debate Continues + Bannon's Defense Team

The SEC's whistleblower program smashed its previous record for tips received last year as the COVID-19 pandemic drove a surge in whistleblowing activity.
12 minute read
November 16, 2021 | National Law Journal

As Government Contracts Demand Hits Fever Pitch, Thompson Hine Recruits High-Profile DC Lawyer

Ryan Spiegel joined the firm, bringing with him a broad range of expertise in moving contracts through the machines of government.
3 minute read
November 01, 2021 | The American Lawyer

39 Firms and Legal Departments Team Up to Bring Women Back to the Legal Workforce

The program has new urgency given the pandemic's uneven effects on women.
4 minute read
October 29, 2021 | New York Law Journal

See Who Passed the July 2021 New York Bar Exam

The New York State Board of Law Examiners examined 9,227 candidates during the July 27-28 examination. Of those candidates, 5,791 passed for an overall passing rate of 63%.
82 minute read
October 18, 2021 | Law.com

How I Made Partner: 'Be Determined, But Flexible. And Play the Long Game,' Says Megan Glowacki of Thompson Hine

'Figure out a way to be indispensable. For me, that was a combination of skills and luck."
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