Search for: "In re Answers Corp. Shareholders Litigation"
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16 Feb 2021, 2:23 pm
Federal Forum Selection Clauses: the Answer to Cyan? [read post]
19 Jan 2015, 3:52 am
– The answer here is “yes. [read post]
9 Jun 2020, 12:26 pm
MOOTNESS FEES The Delaware Court of Chancery’s 2016 decision in In re Trulia, Inc. [read post]
1 Sep 2009, 3:01 am
In what is one of the largest ever shareholders’ derivative lawsuit settlements, the parties to the consolidated federal options backdating related derivative lawsuit involving Broadcom Corp. have agreed to settle the case for $118 million, to be funded entirely by the company’s D&O insurance carriers. [read post]
24 Nov 2008, 1:36 pm
Cross Country Paper Products Corp., 249 AD2d 341, 671 NYS2d 341 (2d Dept 1998). . . . [read post]
31 Jan 2022, 4:23 am
Corp. [read post]
20 Apr 2009, 5:00 am
It's a noteworthy case in which the majority shareholders took some serious lumps by presenting expert valuation testimony by the same appraiser who, before hostilities broke out, valued the combined companies at $7.6 million for purposes of an unconsummated sale to a third party but who later, on behalf of the majority shareholders, re-valued the companies for litigation purposes at a substantially lower number. [read post]
31 May 2013, 11:20 am
This week, in an important decision that may reach the Delaware Supreme Court, In re MFW Shareholders Litigation, the Delaware Court of Chancery again affirmed the importance of special committees in those circumstances, and offered a road map to companies and controlling stockholders on how to structure going private transactions. [read post]
12 Sep 2019, 1:02 pm
Allowing for an interlocutory appeal here would allow the Court of Appeals to answer this threshold legal question at the outset and potentially avoid the expenditure of further resources by the Court and the parties. [read post]
28 Jul 2020, 1:59 pm
These funds tend to select reorganization deals where controlling shareholders have incentives to keep prices low and the consideration for minority shareholders merger price is believed to be too low. [read post]
21 Aug 2007, 4:16 pm
” In re Citx Corp., 448 F.3d 672, 678 (3d Cir. 2006). [read post]
14 Oct 2020, 10:11 am
Corp. v. [read post]
14 Oct 2020, 10:11 am
Corp. v. [read post]
29 Feb 2016, 4:43 pm
Holding Corp. [read post]
23 Nov 2020, 4:25 am
Yelp reports that 60% of closed restaurants won’t re-open. [read post]
12 Jan 2023, 12:58 pm
” Klausner reported answered that he only could speak about the three cases in which he as directly involved (that is, the one involving Gig3, plus one involving Gig2 and another involving Pivotal Investment Corp.), saying further that he does not expect the courtroom to be “flooded with lawsuits. [read post]
12 Jan 2023, 12:58 pm
” Klausner reported answered that he only could speak about the three cases in which he as directly involved (that is, the one involving Gig3, plus one involving Gig2 and another involving Pivotal Investment Corp.), saying further that he does not expect the courtroom to be “flooded with lawsuits. [read post]
30 May 2009, 4:57 pm
In Re Schmitz, No. 07-0581, 2009 WL 1427184 (Tex.), 52 Tex. [read post]
22 Apr 2024, 2:04 pm
Litig., 768 F.3d 1046 (9th Cir. 2014); Carvelli v. [read post]
23 Apr 2018, 1:20 am
”[9] Maintaining this balance is especially important because it is shareholders who “ultimately bear the burden” of meritless litigation.[10] Congress Passes the Reform Act By the 1990s, private securities litigation had gotten out of control. [read post]