Federal Judge Dismisses eBay Derivative Litigation
Judge Leonard P. Stark of the U.S. District Court for Delaware has dismissed a derivative action against eBay Inc.
The plaintiff in In re eBay, Inc.
, the Robert F. Booth Trust, alleged that eBay’s board of directors violated the Clayton Act when they circulated a proxy statement recommending shareholders elect Dawn G. Lepore, a 10-year veteran of the board, to another term. Section 8 of the Clayton Act...