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Gibson Dunn Offers 2022 Mid-Year Securities Litigation Update

Reynolds Holding

The number of securities lawsuits filed since January has remained steady compared to the first half of 2021. To cause UIP to buy her stake for 30 times UIP’s total equity value, plaintiff filed a lawsuit asking the court to appoint a custodian with full control of the company. at *2–3, *46, *50. at *2, *47. 2022 WL 541891, at *1.