Opinion
No. 306, 2011
01-19-2012
MARYLYNN HARTSEL and DEANNA PARKER, Individually, Derivatively and on Behalf of All Others Similarly Situated, Plaintiffs, Appellants, v. THE VANGUARD GROUP, INC., GEORGE U. SAUTER, DUANE F. KELLY, JOHN J. BRENNAN, CHARLES D. ELLIS, REJIV L. GUPTA, AMY GUTMANN, JOANN HEFFERNAN HEISEN, ANDRE F. PEROLD ALFRED M. RANKIN, JR., J. LAWRENCE WILSON, ACADIAN ASSET MANAGEMENT, LLC, RONALD D. FRASHURE, JOHN R. CHISHOLM, BRIAN K. WOLAHAN, MARATHON ASSET MANAGEMENT, LLP, and NEIL M. OSTRER, Defendants Appellees, and VANGUARD INTERNATIONAL EQUITY INDEX FUNDS, d/b/a VANGUARD EUROPEAN STOCK INDEX FUND, and VANGUARD HORIZON FUNDS, d/b/a VANGUARD GLOBAL EQUITY FUND, Nominal Defendants Appellees.
Court: Court of Chancery of the State of Delaware
Before JACOBS and RIDGELY, Justices, and JURDEN, Judge
Sitting by designation pursuant to Art. IV, § 12 of the Delaware Constitution and Supreme Court Rules 2 and 4.
ORDER
This 19th day of January 2012, upon consideration of the briefs of the parties, and their contentions in oral argument, it appears to the Court that the judgment of the Court of Chancery should be affirmed on the basis of and for the reasons set forth in its well-reasoned decision dated June 15, 2011.
NOW, THEREFORE, IT IS ORDERED that the judgment of the Court of Chancery is AFFIRMED.
BY THE COURT:
Jack B. Jacobs
Justice