McDonald’s Directors Met Duty Of Oversight In Acting On Misconduct Claims

Mealey's (March 2, 2023, 1:45 PM EST) -- WILMINGTON, Del. — While shareholders sufficiently pleaded that McDonalds’s Corp. directors were aware of allegations of sexual harassment and misconduct at the company, the shareholders did not show that the directors failed to respond to the allegations and, thus, failed to sufficiently plead their claim for breach of fiduciary duty, a Delaware Chancery Court vice chancellor ruled March 1 in granting the directors’ motion to dismiss....