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CBS Class Attys Seek 27.5% Fee In $167.5M Del. Settlement

Law 360 M&A

Attorneys for former CBS Corp. million settlement to end class litigation over alleged damages arising from the company's $30 billion merger in 2019 with Viacom Inc., stockholders are seeking more than $45 million in fees for their work on a $167.5 the attorneys told the Delaware Chancery Court in a stipulation filed Friday.

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Skadden Discusses Securities Class Actions in 2024

Reynolds Holding

30, 2023, for instance, special-purpose acquisition company-related suits had fallen 37% as compared to the same period in 2022. Plaintiffs instead are targeting companies that allegedly have failed to anticipate supply chain disruptions, persistent inflation, rising interest rates and other macroeconomic headwinds. Through Sept.

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Gibson Dunn Offers 2022 Year-End Securities Litigation Update

Reynolds Holding

We examine developments in federal securities litigation involving special purpose acquisition companies. The Supreme Court Takes On Slack Pirani The case arises out of the New York Stock Exchange’s (“NYSE”) rule, introduced in 2018, that allows companies to go public through a direct listing.