In CASE 20.3 In re Citigroup Inc.Shareholder Derivative Litigation(2009),the Delaware Chancery Court__________ the shareholders' claims,holding that the allegations in the __________ were __________ to show that a demand on the __________ would have been futile.
A) affirmed, complaint, sufficient, shareholders
B) dismissed, answer, insufficient, directors
C) dismissed, complaint, insufficient, directors
D) affirmed, answer, sufficient, directors

Question

Quizplus · Accepted Answer

The Delaware Chancery Court dismissed the shareholders' claims, as the allegations in the complaint were insufficient to show that a demand on the directors would have been futile.