Search for: "Rural Metro Corporation" Results 1 - 20 of 78
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16 Oct 2014, 4:56 pm by CorporateAcquisitions MergerLawBlogger
You'll remember in Rural Metro, RBC was found liable for aiding and abetting director violations of their fiduciary duties in connection with the sale of the corporation... [read post]
25 Apr 2011, 8:10 am
Under the proposed agreement, Rural/Metro shareholders will receive $17.25 in cash for each share of Rural/Metro common stock they own. [read post]
2 Apr 2014, 5:24 am by Broc Romanek
One New York-based lawyer was distributing buttons with “Rural/Metro” encircled in a red “Ghostbusters” sign. [read post]
17 Jun 2007, 9:43 am
Rural/Metro Corporation, one of the nation's largest ambulance providers, has agreed to pay the United States over $2.5 million to resolve allegations that the company violated the False Claims Act. [read post]
On March 7, the Delaware Court of Chancery published a post-trial opinion in In Re Rural Metro Corporation Stockholders Litigation (Rural Metro) finding Rural/Metro’s financial advisor RBC liable for aiding and abetting the Rural/Metro’s board of directors’ breach of its fiduciary duties in connection with the acquisition of Rural/Metro by Warburg Pincus. [read post]
12 Jun 2007, 10:12 am
Justice Department has announced that Rural/Metro Corporation, one of the nation’s largest ambulance providers, will pay the government $2.5 million to resolve allegations that the company violated the federal False Claims Act. [read post]
4 Dec 2015, 5:58 am
Joanna Jervis, affirming all of the principal holdings of the Court of Chancery’s series of decisions in In re Rural/Metro Corp. [read post]
Both the Rural/Metro board of directors and a second financial advisor to Rural/Metro settled before trial for $6.6 million and $5.0 million, respectively. [read post]
10 Mar 2014, 10:34 am by CorporateAcquisitions MergerLawBlogger
Vice Chancellor Laster handed down a decision in Rural Metro Corporation Stockholders Litigation (opinion here) on Friday evening. [read post]
31 Aug 2016, 8:34 am by Mark Astarita
The Securities and Exchange Commission today announced that RBC Capital Markets LLC has agreed to a $2.5 million settlement for causing materially false and misleading disclosures about its valuation analysis in a proxy statement for Rural/Metro Corporation’s sale in 2011 to a private equity firm. [read post]
15 Dec 2015, 6:10 am
RBC Capital sought a buy-side financing role for Warburg Pincus, a private equity firm, while giving Rural/Metro sell-side advice, and sought to leverage its role in the Rural/Metro deal for work in an unrelated deal without disclosing that fact to Rural/Metro’s board. [read post]
While not central to the Rural Metro decision, this is an issue that should be of interest to conscientious public company directors. [read post]
28 May 2014, 3:00 am by Broc Romanek
- Proposed Amendments to the Delaware General Corporation Law: Section 251(h) Mergers & More - The Evolving Face of Deal Litigation - Rural Metro: Potential Practice Implications Going Forward - New Urgency for Corporate Inversion Transactions If you’re not yet a subscriber, try a Half-Price for Rest of ’14 no-risk trial to get a non-blurred version of this issue on a complimentary basis. [read post]
 Essentially, the Court of Chancery ruled against directors and their advisors, questioning their conduct in the sale of Rural/Metro to a private equity firm. [read post]
22 Feb 2019, 1:31 pm by Brianna Smith
After being denied reasonable accommodations from her employer when she learned she was pregnant, a Pell City woman filed a lawsuit claiming her rights under the Pregnancy Discrimination Act were being violated. [read post]
1 Jul 2015, 7:50 am by Lindsay Stafford Mader
Eight Texas counties had no attorneys whatsoever, 67 counties had five or fewer, and nearly half of the state’s 254 counties had attorney-population ratios of 1:1,000 or higher.Some say these statistics don’t give a complete picture of the situation because a portion of the attorneys in metro locations represents businesses and corporations. [read post]
29 Sep 2015, 6:19 am
In a trilogy of recent decisions—Del Monte, [1] El Paso [2] and Rural Metro [3]—the court signaled its concern, making clear that potentially disloyal investment banking conduct may lead to Revlon breaches by corporate directors and even expose bank advisors (“M&A advisors”) themselves to aiding and abetting liability. [read post]
20 Jan 2012, 6:35 am by Lisa R. Pruitt
Over the past half century and more, rural sociologists have chronicled the steady decline experienced by many parts of rural America due to decisions made far away in corporate boardrooms and legislative bodies. [read post]