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Court of Chancery Holds That Wrong Forward Looking Statement Insufficient to Support Records Inspection

Haque v. Tesla Motors Inc., C.A. 12651-VCS (February 2, 2017)

It is not enough that certain forward-looking statements failed to come true to justify requiring an inspection of corporate records. More evidence of wrongdoing is needed if your inspection is based on a theory of mismanagement.

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blog, complex commercial litigation, corporate counseling & litigation