Delaware Case Highlights Enhanced Revlon Duties of Directors Are Alive and Well

In a decision rendered on March 15, 2023, the Delaware Court of Chancery, in the case In Re Mindbody, Inc. Stockholder Litigation,¹ held Richard Stollmeyer (the CEO), the chief executive officer and a director of Mindbody, Inc. (the Company), a public company incorporated under the laws of Delaware, liable for breaches of the fiduciary duties […]