Wendy's board of directors obtains dismissal of shareholder derivative action alleging breach of fiduciary duty
Clients Wendy's Company, The
Jones Day defended the board of directors of The Wendy's Company, obtaining dismissal of a shareholder derivative action brought against ten board members. The plaintiff alleged that Wendy's decision not to participate in the Fair Food Program of Florida led to a worldwide boycott [against Wendy's] in support of Florida's agricultural workers and harmed the company.
Trickey v. Brolick et al., No. 1:16-cv-07789 (S.D.N.Y.)