Towers Watson Again Denied Coverage for $90M Settlements Over 2016 Willis Merger March 11, 2024 By Andrew G. Simpson Towers Watson has been hit with another roadblock on its long and winding road to reach coverage for $90 million...
Judge Rules Former Viacom Shareholders Can Sue Over ViacomCBS Merger January 5, 2021 By Jonathan Stempel A Delaware judge ruled this week that former Viacom shareholders may pursue a lawsuit accusing Shari Redstone of engineering a...
Fujifilm Sues Xerox for Failed Merger, Citing Lack of ‘Shareholder Democracy’ June 19, 2018 By Jonathan Stempel Fujifilm Holdings Corp. sued Xerox Corp. on Monday for well over $1 billion, faulting the printer and copier company for...
Shareholders Sue in 94% of M&As; 75% Settle Before Closing: Cornerstone Research March 18, 2014 Shareholders challenged more than 94 percent of U.S. merger and acquisition (M&A) deals valued over $100 million in 2013, according...
Securities Fraud Class Actions Declined in 2012 January 23, 2013 By Jonathan Stempel Fewer investors are taking corporate America to court for fraud. The number of new federal securities fraud lawsuits seeking class-action...
As Merger Lawsuits Increase, So Do Legal Fees February 14, 2011 By Jonathan Stempel and Tom Hals Lawyers are pushing for a $4.5 million fee for their work for investors challenging a corporate merger. The recovery for...