In the Text Case,Hartleib V

Multiple Choice

In the text case,Hartleib v.Sirius Satellite Radio et al. ,shareholders of Sirius sued Sirius XM after a merger,claiming that Sirius executives decreased stock prices by entering into agreements with XM to the effect that both companies would refrain from looking at other merger deals.Which of the following was the result?

A) That the plaintiffs' statements were sufficiently specific,that the complaint was filed in a timely manner,and that the plaintiff was entitled to damages as a matter of law.
B) That the plaintiffs had no authority to proceed after the merger.
C) That the plaintiffs' generalized statements failing to identify specific wrongful acts and coming after changes in board membership were insufficient.
D) That the plaintiffs' statements,while generalized,were sufficient but that the plaintiff failed to file the complaint in a timely manner.
E) That the plaintiffs' statements were sufficiently specific,that the complaint was filed in a timely manner,and that a trial would be conducted later.