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In re Oracle Corp. Derivative Litigation
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- The Brief Prologue provides necessary case brief introductory information and includes:
- Topic: Identifies the topic of law and where this case fits within your course outline.
- Parties: Identifies the cast of characters involved in the case.
- Procedural Posture & History: Shares the case history with how lower courts have ruled on the matter.
- Case Key Terms, Acts, Doctrines, etc.: A case specific Legal Term Dictionary.
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- The Case Brief is the complete case summarized and authored in the traditional Law School I.R.A.C. format. The Pro case brief includes:
- Brief Facts: A Synopsis of the Facts of the case.
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- Facts: What are the factual circumstances that gave rise to the civil or criminal case? What is the relationship of the Parties that are involved in the case. Review the Facts of this case here:
Plaintiff shareholders brought a derivative suit alleging insider trading by four members of Oracle’s board of directors. In response, Oracle formed a special litigation committee (SLC) to investigate the merits of claims and to determine whether the company should take any action. Two directors, Hector and Joseph, were professors at Stanford University. Defendant Michael J. Boskin is the T.M Friedman Professor of Economics at Stanford University. During the 1970s, Boskin taught Grundfest when Grundfest was a Ph.D. candidate. Further, they are senior fellows and steering committee members at the Stanford Institute for Economic Policy Research. The SLC recommended that no action be taken. Plaintiffs challenged the independence of the SLC.
- Issue(s): Lists the Questions of Law that are raised by the Facts of the case.
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- Policy: Identifies the Policy if any that has been established by the case.
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