Law 360 M&A

JANUARY 11, 2023

million fee award in a mooted shareholder suit over the company's merger with Centene Corp., Magellan Health Inc. has asked the Delaware Chancery Court to reject a bid by two law firms for a $1.1 arguing they should get no more than $125,000.

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Law 360 M&A

DECEMBER 6, 2022

benefited shareholders in the managed health care company who were allegedly short-changed when it merged with Centene Corp. Two law firms have asked the Delaware Court of Chancery for a $1.1 million "mootness fee," arguing that their work to resolve a class action against Magellan Health Inc.

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Law 360 M&A

APRIL 7, 2022

The Eighth Circuit affirmed the dismissal of a shareholder suit Thursday brought against Centene Corp., its board and company officers, ruling that investors failed to sufficiently explain why a demand to the board to remedy their issues over a merger would've been futile.

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Shephard Mullin M&A

JULY 17, 2023

In particular, Anderson analyzed the history of disclosure-based deal litigation in Delaware and the Court’s evolving standard for awarding fees where shareholder action has caused a company to issue additional pre-merger disclosures “mooting” pending deal litigation. the “Company”) from merging with Centene Corporation (the “Acquirer”). (the

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