Case Title: City of Coral Springs Police Officers' Penson Plan v. Dorsey

Citation: 

Docket Number: 161, 2023

State: delaware

Court: Delaware Supreme Court

Date: 2023-11-15T00:00:00Z

Document:
IN THE SUPREME COURT OF THE STATE OF DELAWARE 
 
CITY OF CORAL SPRINGS  
§ 
POLICE OFFICERS’ PENSION  
§ 
PLAN, derivatively on behalf of 
§  
No. 161, 2023 
BLOCK, INC., 
 
 
 
§ 
 
 
 
 
 
 
§ 
 
 
Plaintiff Below, 
 
 
§  
Court Below—Court of Chancery 
 
Appellant,  
 
 
§  
of the State of Delaware 
 
 
 
 
 
 
§ 
 
 
v. 
 
 
 
  
§ 
C.A. No 2022-0091 
 
 
 
 
 
 
§ 
 
JACK DORSEY, ROELOF  
 
§ 
BOTHA, AMY BROOKS, PAUL  
§  
 
DEIGHTON, RANDY GARUTTI, 
§ 
JIM MCKELVEY, MARY  
 
§ 
MEEKER, ANNA PATTERSON, 
§ 
LAWRENCE SUMMERS, DAVID § 
VINIAR, and DARREN WALKER, § 
 
 
 
 
 
 
§ 
 
Defendants Below, 
 
 
§  
 
 
Appellees,  
 
 
§ 
 
 
 
 
 
 
§ 
 
and 
 
 
 
 
§ 
 
 
 
 
 
 
§ 
BLOCK, INC., 
 
 
 
§ 
 
 
 
 
 
 
§ 
 
Nominal Defendant Below, 
§ 
 
Appellee. 
 
 
 
§ 
        
 
 
 
 
 
 
 
Submitted:   November 1, 2023 
 
 
 
 
Decided:     November 15, 2023 
 
Before SEITZ, Chief Justice; VALIHURA, TRAYNOR, LEGROW and 
GRIFFITHS, Justices, constituting Court en Banc. 
 
2 
 
 
ORDER 
 
 
This 15th day of November 2023, after careful consideration of the parties’ 
briefs and the record below, and following oral argument, we find it evident that the 
judgment of the Court of Chancery should be affirmed on the basis of and for the 
reasons stated in the Memorandum Opinion dated May 9, 2023, as corrected May 
10, 2023.  
NOW, THEREFORE, IT IS ORDERED that the judgment of the Court of 
Chancery is AFFIRMED.   
 
 
 
 
 
 
 
BY THE COURT: 
 
 
 
 
 
 
 
 
/s/ Collins J. Seitz, Jr. 
 
 
 
 
 
 
                  Chief Justice