United States

Stone v Ritter

911 A.2d 362 (Del. 2006)

JurisdictionUnited States

Year2006

Statusunclear

Key Principle

Caremark oversight liability is a subset of the duty of loyalty; directors are liable for conscious failure to implement reporting systems or ignoring red flags.

Area of Law

corporate

Related Cases

ASIC v Cassimatis (No 8) (2016) 336 ALR 209

Tornetta v Musk C.A. No. 2018-0408-KSJM (Del. Ch. 2024)

Slack Technologies LLC v Pirani 598 U.S. 759 (2023)

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