City of Coral Springs Police Officers' Penson Plan v. Dorsey

• Court: Supreme Court of Delaware
• Decided: November 15, 2023
• Docket: 161, 2023
• Status: Published

Opinion

IN THE SUPREME COURT OF THE STATE OF DELAWARE

CITY OF CORAL SPRINGS § POLICE OFFICERS’ PENSION § PLAN, derivatively on behalf of § No. 161, 2023 BLOCK, INC., § § Plaintiff Below, § Court Below—Court of Chancery Appellant, § of the State of Delaware § v. § C.A. No 2022-0091 § JACK DORSEY, ROELOF § BOTHA, AMY BROOKS, PAUL § DEIGHTON, RANDY GARUTTI, § JIM MCKELVEY, MARY § MEEKER, ANNA PATTERSON, § LAWRENCE SUMMERS, DAVID § VINIAR, and DARREN WALKER, § § Defendants Below, § Appellees, § § and § § BLOCK, INC., § § Nominal Defendant Below, § Appellee. §

Submitted: November 1, 2023 Decided: November 15, 2023

Before SEITZ, Chief Justice; VALIHURA, TRAYNOR, LEGROW and GRIFFITHS, Justices, constituting Court en Banc. ORDER

This 15th day of November 2023, after careful consideration of the parties’

briefs and the record below, and following oral argument, we find it evident that the

judgment of the Court of Chancery should be affirmed on the basis of and for the

reasons stated in the Memorandum Opinion dated May 9, 2023, as corrected May

10, 2023.

NOW, THEREFORE, IT IS ORDERED that the judgment of the Court of

Chancery is AFFIRMED.

BY THE COURT:

/s/ Collins J. Seitz, Jr. Chief Justice