LawFuel.com – Best Law Firm Newswire & Marketing – Skadden secured the dismissal of shareholder derivative claims against Computer Sciences Corporation and its former CEO and CFO alleging the company made false and misleading statements related to internal controls and a contract with the U.K. National Health Service.
On August 6, Judge Gerald Bruce Lee of the U.S. District Court for the Eastern District of Virginia agreed with Skadden’s arguments, dismissing the claims with prejudice on multiple grounds and ruling that the plaintiff failed to satisfy pre-suit demand requirements pursuant to Rule 23.1 of the Federal Rules of Civil Procedure.
