Jan. 30, 2018
Merger-objection suits drove securities class actions to new highs
A sharp increase in federal securities class actions in 2017 was largely driven by the exodus of merger-objection disputes from the Delaware Court of Chancery after it became less hospitable to “disclosure only” settlements, lawyers said.
A sharp increase in federal securities class actions in 2017 was largely driven by the exodus of merger-objection disputes from the Delaware Court of Chancery after it became less hospitable to “disclosure only” settlements, lawyers said.
Two studies bolster that assertion.
A study released Monday by National Economic Research Associates Inc. found that while all major filing types for securities c...
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