02Jul
District Court Judge Rejects M&A Mootness Fee Settlement As A “Racket” That “Must End”
 
            
    Seyfarth Synopsis: Following Delaware’s lead in Trulia, an Illinois District Court judge refused to approve a mootness fee settlement as “worthless to the shareholders.”  The judge noted that such settlements amounted to a plaintiffs’ bar “racket”...
By: 
Seyfarth Shaw LLP
        
    
 
    Source Url: https://www.jdsupra.com/legalnews/district-court-judge-rejects-m-a-55556/
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