Judge Lets Lawsuit Over Viacom Board Upheaval Move Forward
The Redstones are 0-for-2. Andre Bouchard, a judge at Delaware Chancery Court, has rejected a motion to dismiss Viacom’s lead independent director Frederic Salerno’s lawsuit that challenges the attempted removal of Philippe Dauman and four fellow board members from the media company’s board. The ruling allowing the case to move to the discovery stage follows what happened in Massachusetts …