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
Related
Given the current impact of COVID-19 on the financial services industry, please tune in to our podca...
Read More >
This brief guide provides updates on the impact of COVID-19 on merger control reviews around the wor...
Read More >
The trend toward limiting U.S. federal income tax benefits associated with public company executive ...
Read More >
On September 3, 2020, the Department of Justice Antitrust Division (DOJ) released a Merger Remedies ...
Read More >
On June 1, the Delaware Chancery Court (the “Court”) in Morrison v. Berry allowed an aiding and a...
Read More >
Today, the U.S. antitrust agencies announced a temporary suspension of the long-time practice of gra...
Read More >