Derrick Farrell

Derrick Farrell is a Partner in the Delaware office and focuses his practice on representing stockholders in direct and derivative breach of fiduciary duty class action litigation.  Derrick has substantial trial experience arguing before the Delaware Court of Chancery and conducting stockholder investigations under 8 Del. C. § 220.
 
In addition to a number of confidential investigations, Derrick is currently litigating derivative actions against the Boards of Directors of The Boeing Company, Wells Fargo, Inc., Focus Financial, Inc., and BioVentrix, Inc., as well as a Section 220 matter investigating New Relic, Inc. Derrick previously litigated a Section 220 matter investigating The Boeing Company.

Derrick served as one of the attorneys representing the lead plaintiff in In re: Dell Technologies Inc. Class V Stockholders Litigation, which challenged the acquisition of Dell’s Class V tracking stock by Dell’s controllers.  The parties settled the case for $1 billion, which is the largest settlement in U.S. state court history.

Derrick has also obtained successful results in In re Pattern Energy Group Inc. Stockholder Litigation (a direct action successfully challenging a $6.1 billion merger transaction which settled for $100 million) and Nantahala Capital Partners L.P. v. QAD Inc., et al. (a direct action which succeeded in enjoining a merger on the basis of inadequate disclosures which settled for $65 million).  

Derrick has tried a number of other cases in the Delaware Court of Chancery including:  In re Appraisal of Ancestry.com, Inc.; IQ Holdings, Inc. v. Am. Commercial Lines Inc.; and In re Cogent, Inc. Shareholder Litigation.  He has also argued before the Delaware Supreme Court on multiple occasions.

Derrick began his career as a Clerk for the Honorable Donald F. Parsons, Jr., then a Vice Chancellor in the Delaware Court of Chancery. Thereafter, Derrick gained substantial M&A experience as a defense lawyer at a prominent global law firm.  Derrick has guest lectured at Harvard University and co-authored numerous articles for various publications, including the Harvard Law School Forum on Corporate Governance and Financial Regulation[1] and the Practicing Law Institute (PLI).