Last month, the Delaware Chancery Court drastically reduced – from $275,000 to $50,000 – a mootness fee award requested by plaintiffs’ counsel in a lawsuit challenging the merger between PayPal and Xoom Corporation, finding...more
9/14/2016
/ Breach of Contract ,
Controlling Stockholders ,
Corporate Counsel ,
Derivative Suit ,
Fee Reductions ,
Fiduciary Duty ,
Material Misstatements ,
Mergers ,
Mootness ,
Omissions ,
PayPal ,
Proxy Statements ,
Securities ,
Supplemental Disclosures