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
Summary - This week, the National Labor Relations Board (NLRB/Board) issued a new rule effectively ...
Read More >
Overruling Obama-era precedent, on December 17 the National Labor Relations Board (Board) published ...
Read More >
Since the early days of the COVID-19 crisis in the U.S., it has been a recurring theme to turn on th...
Read More >
Employers are usually advised to exercise extreme caution where an employee's religion or beliefs ar...
Read More >
The U.S. Fish and Wildlife Service issued a proposed rule on January 30, 2020, that narrowly interpr...
Read More >
On November 12, 2020, the Federal Trade Commission (FTC) sued to block the acquisition of two Memphi...
Read More >