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In Westmoreland County Employee Retirement System v. Parkinson , the 7th Circuit Court of Appeals reversed a district court determination regarding whether the shareholders met

InWestmoreland County Employee Retirement System v. Parkinson, the 7th Circuit Court of Appeals reversed a district court determination regarding whether the shareholders met their burden of establishing that making a demand on the corporation would have been futile. Which court's decision do you agree withthe district court or the 7th Circuit? Why? More generally, do you think corporate law principles provide an adequate basis for shareholders to prevent corporate officers and directors from engaging in fraud?

https://caselaw.findlaw.com/us-7th-circuit/1641888.html

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