Inspection Rights Are Not Granted For Fishing Expeditions

In David A. Hoeller v. Tempur Sealy International, Inc. , C.A. No. 2018-0336-JRS (Del. Ch. February 12, 2019), the Delaware Court of Chancery denied a shareholder’s request to inspect the Company’s books and records, because he failed to provide a credible basis to suspect mismanagement or wrongdoing.


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