Macrophage Therapeutics, Inc. Wins Delaware Case Against Michael Goldberg for Breach of Fiduciary Duty
Following a three-day trial and extensive post-trial briefing, the Court agreed with MT that Dr. Goldberg breached his fiduciary duty.
- Following a three-day trial and extensive post-trial briefing, the Court agreed with MT that Dr. Goldberg breached his fiduciary duty.
- Specifically, the Court ruled: Dr. Goldberg attempted to take for himself that which belonged to [MT].
- In doing so, he breached his duty of loyalty to [MT] stockholders.
- [MT] was absolutely justified in bringing this action to remedy (in this case undo) the harm caused by Dr. Goldbergs misconduct.