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Tuesday, March 6, 2012

JIM SCHEIDT VS. DRS TECHNOLOGIES, INC., ET AL. A-3459-09T4

JIM SCHEIDT VS. DRS TECHNOLOGIES, INC., ET AL.

A-3459-09T4

We reject a challenge by a shareholder in a direct action

to the merger of an American defense contractor, DRS

Technologies, Inc. with an Italian defense contractor,

Finmeccanica, SpA. In doing so, we discuss at length Delaware

securities law as it applies to claims of breach of fiduciary

duties of due care, loyalty, good faith, and candor. 02-27-12