Supreme Court of Delaware, 2023

Construction Industry Laborers Pension Fund v. Bingle

Construction Industry Laborers Pension Fund v. Bingle
Supreme Court of Delaware · Decided May 17, 2023 · Valihura J.

Construction Industry Laborers Pension Fund v. Bingle

Opinion

IN THE SUPREME COURT OF THE STATE OF DELAWARE CONSTRUCTION INDUSTRY § LABORERS PENSION FUND, § CENTRAL LABORERS’ PENSION § FUND, LAWRENCE MILES, AND § No. 411, 2022 BRIAN SEAVITT, derivatively on § behalf of SOLARWINDS § CORPORATION, § § Court Below: Court of Chancery Plaintiffs Below, Appellants, § of the State of Delaware § v. § § MIKE BINGLE, WILLIAM BOCK, § C.A. No. 2021-0940 SETH BORO, PAUL J. CORMIER, § KENNETH Y. HAO, MICHAEL § HOFFMAN, DENNIS HOWARD, § CATHERINE R. KINNEY, JAMES § LINES, EASWARAN SUNDARAM, § KEVIN B. THOMPSON, JASON § WHITE, MICHAEL WIDMANN, § § Defendants Below, Appellees, § § and § § SOLARWINDS CORPORATION, § § Nominal Defendant Below, § Appellee. § Submitted: April 26, 2023 Decided: May 17, 2023 Before SEITZ, Chief Justice; VALIHURA, and TRAYNOR, Justices.

ORDER Now this 17th day of May 2023, the Court having considered this matter on the briefs and oral arguments of the parties and the record below and having concluded that the same should be affirmed on the basis of and for the reasons assigned by the Court of Chancery in its Memorandum Opinion dated September 6, 2022, and its Final Order and Judgment dated October 13, 2022; NOW THEREFORE, IT IS HEREBY ORDERED that the judgment of the Court of Chancery be and the same hereby is AFFIRMED.

BY THE COURT: /s/ Karen L. Valihura Justice

Case-law data current through December 31, 2025. Source: CourtListener bulk data.