Atmel Corporation Shareholder Litigation
|Court:||Delaware Court of Chancery|
|Judge:||Chancellor William B. Chandler III|
|Case Contacts:||Mark Lebovitch, Jeroen van Kwawegen|
On November 14, 2008, BLB&G filed a class action complaint in the Delaware Court of Chancery on behalf of Plaintiff Louisiana Municipal Police Employees’ Retirement System and other shareholders of Atmel Corporation (“Atmel”) against the Atmel board of directors (the “Board”) challenging the Board’s novel extension of the poison pill device.
On February 2, 2009, Plaintiff filed a Motion for Injunctive Relief seeking to invalidate the Board’s adoption of a draconian extension of the poison pill mechanism. On March 26, 2009, Plaintiff responded to Defendants' opposition of Plaintiff's Motion for Injunctive Relief. Following injunction proceedings on May 19, 2009, and on the eve of trial, the Defendants agreed to alter their poison pill to eliminate the offensive provisions, and agreed to refrain from similar conduct in the future.
Other Cases of Interest
District of Connecticut Jeroen van Kwawegen, Adam H. Wierzbowski, Kate Aufses
Delaware Chancery Court Gregory V. Varallo, Mark Lebovitch, Christopher J. Orrico, Jacqueline Y. Ma
BGC Partners, Inc.
Delaware Court of Chancery Jeroen van Kwawegen, Christopher J. Orrico, Andrew Blumberg
Allergan, Inc. (Proxy Violation)
Central District of California Mark Lebovitch, Jeremy P. Robinson, Michael D. Blatchley, Richard D. Gluck, Edward G. Timlin
Northern District of California Jeroen van Kwawegen, Jeremy P. Robinson, Rebecca E. Boon
Northern District of California John Rizio-Hamilton, Mark Lebovitch, Jonathan D. Uslaner, Abe Alexander, Julia Tebor
Intuitive Surgical Inc.
Superior Court of the State of California, County of San Mateo David Wales, Mark Lebovitch, Edward G. Timlin
Virgin Media, Inc.
County of New York: Commercial Division Mark Lebovitch, Jeroen van Kwawegen
Twenty-First Century Fox, Inc.
Delaware Chancery Court Max W. Berger, Mark Lebovitch, David Wales, Rebecca E. Boon
Northern District of California, Oakland Division Mark Lebovitch, David Wales, Alla Zayenchik