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March 25, 2020
|3 min read
Delaware Supreme Court: Federal Forum Selection Provisions for Securities Act Claims Are Valid
On March 18, 2020, the Delaware Supreme Court, reversing a December 2018 decision of the Delaware Court of Chancery, held that Delaware corporations may adopt federal forum selection charter provisions that require stockholders to bring all suits asserting violations of the Securities Act of 1933 (the Securities Act) in federal court.