X
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/

Related

FTC Announces 2021 Thresholds Under HSR Act and Clayton Act

Primary HSR filing threshold will be decreased to $92 million - The Federal Trade Commission has a...

Read More >

[Event] Pre-Conference Lunch & Learn At The ESOP Association’s 2019 Las Vegas Conference - November 13th, Las Vegas, NV

Mark your calendar and join fellow friends of employee ownership for a series of interactive discuss...

Read More >

US COVID-19 Real Estate Legal Developments: Federal, California, Florida, Illinois, New York (Updated)

In this report, we set out the key real estate developments in the US during the period of disruptio...

Read More >

New version of Equator Principles finalised – what are the key EP4 changes?

On 18 November 2019, the Equator Principles Association (EPA) published the final text of a new vers...

Read More >

Germany: New Merger Control Rules With Significantly Increased Notification Thresholds

KEY TAKEAWAYS German merger control will see some major changes in 2021. Today, the German parliam...

Read More >

Illinois Employers Are Due for a Check-Up: 2020 Paid Sick Leave Updates

As “Super Sick Monday” approaches, employers will review their sick leave policies and procedures ...

Read More >