Ryan v. Accardi

• Court: Supreme Court of Delaware
• Decided: February 26, 2024
• Docket: 224, 2023
• Status: Published

Opinion

IN THE SUPREME COURT OF THE STATE OF DELAWARE

WALTER E. RYAN, JR. and RYAN § ASSET MANAGEMENT, LLC on § No. 224, 2023 Behalf of Themselves and All Others § Similarly Situated, § Court Below—Court of § Chancery of the State of Plaintiffs Below, § Delaware Appellants, § § C.A No. 2022-0255 v. § § TRACY ACCARDI, JAMES R. § BERGMAN, JOSEPH R. § BRONSON, TUNC DOLUCA, § ROBERT E. GRADY, MERCEDES § JOHNSON, WILLIAM P. § SULLIVAN, WILLIAM D. § WATKINS, MARYANN WRIGHT, § and ANALOG DEVICES, INC., § § Defendants Below, § Appellees. §

Submitted: February 14, 2024 Decided: February 26, 2024

Before TRAYNOR, LEGROW, and GRIFFITHS, Justices.

ORDER

This 26th day of February 2024, 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 its May 2, 2023 order and transcript ruling granting appellees’ motion to dismiss appellants’ complaint and its May 30, 2023 order denying

appellants’ motion for reargument.

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

Chancery is AFFIRMED.

BY THE COURT:

/s/ N. Christopher Griffiths Justice