• Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
Securities Docket
Experts in Risk
  • Class Actions
  • Criminal
  • Events
  • Features
  • Global
  • People
  • SEC
Browse: Home / 2018 / August / 10 / Guest Post: Merger Objection Lawsuits Getting Tougher for Plaintiffs’ Attorneys | The D&O Diary

Guest Post: Merger Objection Lawsuits Getting Tougher for Plaintiffs’ Attorneys | The D&O Diary

By Securities Docket on August 10, 2018, 11:09 am

In the nearly three years since the Delaware Court of Chancery first signaled its hostility to the proliferation of so-called disclosure-only merger lawsuits (culminating in the landmark In re Trulia, Inc. Stockholder Litigation decision), the sector has undergone considerable turmoil. (See my previous blog post.)

In 2015, the first year impacted by the Delaware court’s change of heart, the percentage of M&A deals valued at more than $100 million that attracted shareholder lawsuits dropped to 84 percent from the incredible 90-94 percent level of the 2010-2014 period. The rate fell further to 71 percent in 2016, then recovered slightly to 73 percent in 2017 – still high by pre-2009 standards.

via Guest Post: Merger Objection Lawsuits Getting Tougher for Plaintiffs’ Attorneys | The D&O Diary.

Posted in Class Actions, Top | Tagged M&A Cases

« Previous Next »

Subscribe

‘Enforcement 40’ for 2020

The inside story behind the collapse of Queensland Nickel

Our Sponsors

Securities-Docket_260x125_14Sec

Join Us On LinkedIn

Join the Securities Litigation and Enforcement Group on LinkedIn

Archives

Copyright © 2023 Securities Docket.

  • Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
  • Criminal
  • Class Actions
  • Features
  • Global
  • People
  • SEC
  • Events