Yahoo Shareholder Litigation Settlement Presented to the Court of Chancery
December 10, 2008Settled class action litigation challenging Board's response to merger proposal from Microsoft Corporation by obtaining comprehensive changes to Change In Control Employee Severance Plans. One industry commentator said of the settlement: "The bottom line: It would now be easier (and less expensive) to sell the company." Settlement is pending.
Click here to review recent court documents, including the teleconference transcript outlining the agreement to the Court, and a letter submitted to Chancellor Chandler by Lead Plaintiffs attaching the Stipulation and Agreement of Settlement and the new severance plans.
For more information regarding the case, click on the link below.
Also of Interest
Law360 Once Again Names BLB&G Among the Nation’s “Most Feared Plaintiffs’ Firms”
September 28, 2015
BLB&G Again Tops SCAS All-Time List With More Top Recoveries Than Any Other Firm
Volkswagen Investor Settlement Foundation Established for Investors in Volkswagen Securities Trading Outside the US
February 10, 2016
Law360 Highlights BLB&G’s Top Ranking in Review of ISS/SCAS All-Time Top Settlements Report
June 14, 2017
Historic Settlement Establishes Landmark Fox News Workplace Professionalism and Inclusion Council to Remedy Workplace Harassment Issues
November 20, 2017
Columbia Law Review Article on Sexual Harassment and Corporate Law Cites BLB&G’s Celebrated 21st Century Fox Litigation
June 18, 2018
Benchmark Names Seven BLB&G “Litigation Stars”
Benchmark Gives BLB&G its Top Ranking for the Ninth Year in a Row
Forbes Q&A with Jeroen van Kwawegen: The Role of Shareholder Litigation in Preventing Abuses by Boards and Management
April 29, 2016
BLB&G Leads SCAS All-Time List Scoring More Top Recoveries Than Any Other Firm