Representative Matters

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Client: Medical Device Company
Represented global medical device company in purported shareholder class action against company and former directors of acquired company challenging proposed merger on multiple theories.

Shareholder of a company to be acquired by global medical device company brought a purported shareholder class action to stop the merger under theories of breach of fiduciary duty, failure to disclose material facts and aiding and abetting. Defendants moved for summary judgment and court granted motion. Merger was finalized.