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Sheppard Mullin Richter & Hampton LLP

Delaware Court of Chancery Increases Scrutiny on Disclosure-Only M&A Class Action Settlements

Sheppard Mullin Richter & Hampton LLP on

As recently as 2014, nearly 95% of all mergers of public companies valued at $100 million or more triggered stockholder class action litigation. Historically, a large number of merger-related stockholder litigation settled...more

Proskauer - Corporate Defense and Disputes

Delaware Court of Chancery Rejects Another Disclosure-Only M&A Settlement and Warns of “Increasingly Vigilant” Scrutiny

Proskauer - Corporate Defense and Disputes on

The Delaware Court of Chancery dealt another blow to disclosure-only settlements of merger litigation and refused to approve a proposed class-action settlement arising from Zillow, Inc.'s acquisition of Trulia, Inc. ...more

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