McDonald’s Directors Beat Sexual Misconduct Oversight Lawsuit
McDonald’s
Corp. board members didn’t violate their duty to shareholders in the handling of sexual harassment and misconduct allegations, a Delaware court said, ruling that the directors’ response was legally sufficient. The decision throws out shareholders’ claims against nine individuals who sat on McDonald’s board during a period in which sexual misconduct claims at the company drew widespread public scrutiny. Though there were “vibrant” red flags about problems with sexual harassment…