Opinion
No. 608 2011.
2012-05-7
SOUTHEASTERN PENNSYLVANIA TRANSPORTATION AUTHORITY and International Brotherhood of Electrical Workers Local 98 Pension Fund, individually, and on behalf of all those similarly situated, Plaintiffs Below, Appellants, v. Lloyd C. BLANKFEIN, Gary D. Cohn, John H. Bryan, Claes Dahlback, Stephen Friedman, William W. George, Rajat K. Gupta, James A. Johnson, Lois D. Juliber, Lakshmi N. Mittal, James J. Schiro, Ruth J. Simmons, David A. Viniar, J. Michael Evans, and Goldman Sachs Group, Inc., Defendants Below, Appellees.
Court Below: Court of Chancery of the State of Delaware, C.A. No. 5215.
Before STEELE, Chief Justice, HOLLAND, BERGER, RIDGELY, Justices and PARKINS, Judge.
ORDER
MYRON T. STEELE, Chief Justice.
This 3rd day of May 2012 the Court, having carefully considered the decision and judgment of the Court of Chancery dated October 12, 2011, the briefs of the parties, and their contentions in oral argument, has determined as follows:
To the extent that: (a) the issues raised on appeal are factual, the record evidence supports the trial judge's factual findings; (b) the errors alleged on appeal are attributed to an abuse of discretion, the record does not support those assertions; (c) the issues raised on appeal are legal, they are controlled by settled Delaware law, which was properly applied.
NOW, THEREFORE, IT IS ORDERED that the judgment of the Court of Chancery is AFFIRMED.
Sitting by designation pursuant to Del. Const. Art. IV § 12.