Derivative Actions definition

Derivative Actions means In re Ambac Financial Group, Inc. Derivative Litigation, No. 08-cv-854-SHS (S.D.N.Y.), In re Ambac Financial Group, Inc. Shareholder Derivative Litigation, C.A. No. 3521-VCL (Del. Ch.), In re Ambac Financial Group, Inc. Shareholder Derivative Litigation, No. 650050/2008E (N.Y. Supp.), and/or any of the individual actions included therein or any of them.
Derivative Actions means collectively, the State Derivative Action and the Federal Derivative Action.
Derivative Actions means and includes In re Precigen, Inc. Stockholder Litigation, Case No. 2020-0767-PAF (Del. Ct. of Chancery), Wright v. Alvarez, et al., Case No CL-2020-20013 (Va. Cir. Ct.), and Kent v. Precigen, Inc., Case No. CL21-6349 (Va. Cir. Ct.).

Examples of Derivative Actions in a sentence

  • Should the above matters (i.e., the Federal Derivative Actions or the State Derivative Action) be decided against the Company in an amount that exceeds the Company's insurance coverage, or if liability is imposed on grounds that fall outside the scope of the Company's Directors and Officers Liability insurance coverage, the Company could not only incur a substantial liability, but also experience an increase in similar suits and suffer reputational harm.

  • Both the Federal Derivative Actions and State Derivative Actions are covered under the Company's Directors and Officers Liability insurance policy, subject to a deductible and a reservation of rights.


More Definitions of Derivative Actions

Derivative Actions means the actions captioned Kogut v. Akorn, Inc. et
Derivative Actions means the demand letters (the “Demand Letters”) sent by shareholders to the Board, the actions wherein Plaintiffs allege that it would have been futile to demand that the Board investigate and pursue litigation against the Individual Defendants (the
Derivative Actions means all derivative actions filed by shareholder plaintiffs in the name of the Company, including but not limited to Xxxxxx x. Xxxxxxx, No. CV-02-5212 (Ala. Cir. Ct).
Derivative Actions means, collectively, the Delaware Action and the Consolidated Action.
Derivative Actions means collectively the derivative actions styled as In re Workhorse Grp. Inc. S’holder Derivative Litig., Lead Case No. A-21-83688-B (Nev. Dist. Ct.- Clark Cnty.); Cohen, et al. v. Hughes, et al., Case No. 2:21-cv-08734-CJC-PVC (C.D. Cal.); Lomont, et al. v. Hughes, et al., Case No. 2:22-cv-00980-CDS-VCF (D. Nev.); In re Workhorse Grp. Inc. Derivative Litig., Lead Case No. 2:21-cv-04202-CJC-PVC (C.D. Cal.); and Abughazaleh, et al., v. Hughes, et al., Case No. A-2203019 (Ohio Ct. Common Pleas – Hamilton Cnty.).
Derivative Actions means In re OPKO Health, Inc. Derivative Action, 2018-0740 (Del. Ch.); Xx x. Frost, No. 18-cv-24060 (S.D. Fla.); Xxxxxxxxxxx x. Xxxxx, No. 18-cv- 245183 (S.D. Fla.); Xxx x. Xxxxx, No. 18-cv-24765 (S.D. Fla.); Xxxxxxxx x. Xxxxx, No. 18-cv-25293 (S.D. Fla.); Xxxxx x. Xxxxx, No. 18-cv-25485 (S.D. Fla.); Lipsius x. Xxxxx, 2018-032843-CA-44 (Fla. 11th Jud. Cir. Ct.); Xxxxxxxxx x. Xxxxx, 2018-037190-CA-44 (Fla. 11th Jud. Cir. Ct.); Xxxxxxx x. Xxxxx, 2019-002399-CA-44 (Fla. 11th Jud. Cir. Ct.); Xxxx x. Xxxxx, 2019-006248-CA- 11 (Fla. 11th Jud. Cir. Ct.); Xxxxxxxx x. Xxxxx, 2020-005214-CA44 (Fla. 11th Jud. Cir. Ct.); and all other actions consolidated with any of these actions.
Derivative Actions means the Derivative Actions as defined in the Disclosure Statement.