Zion Oil & Gas Inc (ZNOG)

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as noted in the filing and i read the opinion:

"Judge Andrews issued an eighteen-page Memorandum Opinion holding that Plaintiffs had not sufficiently demonstrated the futility of making demand on Zion's Board of Directors prior to filing suit, noting "I do not find that the Plaintiffs have pleaded with particularity any facts that suggest the Director Defendants acted in bad faith or otherwise consciously disregarded their oversight responsibilities in regard to Zion's prospects for discovery and extraction of oil."


plaintiffs didnt show enough info to even make a prima facie case-basically not enough for a reasonable person to determine zn acted in bad faith etc