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Out with Fiduciary Out?

Harvard Corporate Governance

” we offer justification for one of the most renowned and highly controversial decisions in Delaware in the last 20 years, Omnicare, Inc. NCS Healthcare, Inc. , In our forthcoming article, “Out with Fiduciary Out?” 2d 914 (Del.

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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 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. We review developments regarding Omnicare ’s falsity of opinions standard, as rulings by various circuit and district courts shed light on the boundaries of liability for false or misleading statements of opinion as well as omissions.