Panel Asked To Decide If State Law Derivative Claims Were Properly Dismissed

(June 17, 2022, 10:41 AM EDT) -- SAN FRANCISCO — A federal district court erred in dismissing NortonLifeLock Inc. shareholders’ state law claims on the basis of forum non conveniens in a derivative lawsuit alleging that certain of the company’s officers and directors breached their fiduciary duty by failing to promote minority candidates for selection to the company’s board of directors because a forum-selection clause included in NortonLifeLock’s bylaws “does not apply on its own terms,” the shareholder argues in a March 21 appellant brief....