The Decline of the Disclosure-Only Settlement: Will We Regret What We Wished for?

By | D&O Discourse | August 17, 2016

In combination with the Delaware Court of Chancery’s decision in In re Trulia, Inc. Stockholder Litigation, 129 A.3d 884 (Del. Ch. 2016), Judge Posner’s blistering opinion In re Walgreen Company Stockholder Litigation, 2016 WL 4207962 (7th Cir. Aug. 10, 2016), may well close the door on disclosure-only settlements in shareholder challenges to mergers.

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Sanctions Imposed On Five Attorneys for Class Settlement Forum Shopping

Sanctions Imposed On Five Attorneys for Class Settlement Forum Shopping

Five Arkansas attorneys have been formally reprimanded by a federal judge in the Western District of Arkansas after stipulating to dismissal “for the purposes of seeking a more favorable forum and avoiding an adverse decision” in connection with the approval of a class settlement.

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