21Jan
Southern District of New York Dismisses Section 14(a) Claim Arising Out Of Packaging Companies’ Merger
On January 12, 2021, the United States District Court for the Southern District of New York dismissed a putative class action complaint against Bemis Company Inc. and members of its board of directors (collectively, “Bemis”) that alleged materially misleading statements in connection with a merger, in violation of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) in In re Bemis Co. Sec. Litig.[1] This decision is significant because it provides favorable...
By:
Seyfarth Shaw LLP
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