Tag: Objectors

This Lawyer Is Making It Less Profitable to Sue When Companies Merge – Bloomberg

Duggan was upset. A retired lawyer himself, he knew about “disclosure-only” settlements like this one. Someone would sue a company involved in a merger for failing to provide a piece of information that might be relevant to the merger deal and then settle when the company agreed to disclose it. The plaintiffs wouldn’t get any money—but the lawyers would have…

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