In which case did the court find managers liable,even though the special committee and shareholders approved a self-dealing transaction?
A)Anderson v.Bellino
B)In re Dole Food Co.
C)Unocal Corp.v.Mesa Petroleum Co.
D)RSL Communications v.Bildirici

Question

Quizplus · Accepted Answer

In re Dole Food Co. The court found managers liable despite approval from a special committee and shareholders due to evidence of fraud and deception in the process of the self-dealing transaction.

In Which Case Did the Court Find Managers Liable,even Though