Ambry Genetics and directors defend class action alleging breaches of fiduciary duty
Clients Ambry Genetics Corp.
Jones Day successfully represented Ambry Genetics Corporation ("Ambry") and its directors in the defense of a class action lawsuit alleging breaches of fiduciary duty filed by a minority stockholder arising out of the acquisition of Ambry by Konica Minolta and the Innovation Network Corporation of Japan. The action was voluntarily dismissed as moot and the acquisition was completed.
George Harrison Hamil, et al. v. Ambry Genetics Corporation, et al., C.A. No. 2017-0587-AGB (Del. Ch.)