Document: Franklin Balance Sheet Investment Fund v. Crowley, C.A. No. 888-VCP, Parsons, V.C. (Del. Ch. Aug 30, 2007)

The Court awarded $4.2 million in attorneys’ fees to the plaintiffs’ counsel in a derivative action relating to fiduciary duty and waste claims where it found that the litigation was a cause of the increased stockholder value resulting from a going-private transaction.