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Shah Ends Novavax Proxy Fight Following Sanofi Deal

Law 360 M&A

Hedge fund Shah Capital Management Inc. told fellow Novavax Inc. shareholders Monday that it is ending its fight to remove certain members of the biotech company's board, citing its favorable view of Novavax's licensing deal with Sanofi earlier this month.

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Sanofi, Novavax Sign $1.2B Deal For One-Shot COVID, Flu Jab

Law 360 M&A

vaccine developer Novavax Inc., said on Friday that the French pharmaceutical company has bought a co-exclusive licensing agreement worth up to $1.2 Sanofi and U.S. billion, as part of a collaboration to create a combined global COVID-19 and influenza shot.

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Gibson Dunn Offers 2022 Mid-Year Securities Litigation Update

Reynolds Holding

Lucia Companies, Inc. Lee Enterprises, Inc. CytoDyn Inc. 13, 2021), which we discussed in our 2021 Year-End Securities Litigation Update, the court declined to apply both the stringent review of Blasius Industries, Inc. UIP Companies, Inc. Chris-Craft Industries, Inc. , Atlas Corp. ,

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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. This figure is significantly lower than in 2016, when the Delaware Court of Chancery effectively put an end to the practice of disclosure-only settlements in In re Trulia Inc. Stockholder Litigation , 29 A.3d 3d 884 (Del.