Judge Dismisses Derivative Action For Failure To Plead Demand Futility

( June 5, 2026, 11:36 AM EDT) -- WILMINGTON, Del. — A federal judge in Delaware dismissed a derivative action brought by a shareholder against a company’s current and former executives, board members and directors for alleged securities law violations, finding that the shareholder failed to bring a nonexculpated claim for liability for the purpose of demand futility....