Delaware Chancery Court Tells Activision: Statutory Compliance Is Not A Game Authors of this newsletter: Lauren Lummus In the latest chapter of long-running litigation against the directors of Activision Blizzard, Inc. (“Activision”), the Delaware Court of Chancery […] Read More
Supreme Court Clarifies the Boundaries of Liability Under Rule 10b-5(b) Premised on Item 303 Disclosure Violations Authors of this newsletter: Joshua Materese , Richard Russo, Jr. On April 12, 2024, the United States Supreme Court issued a rare unanimous ruling in Macquarie Infrastructure Corp. v. Moab Partners, […] Read More
Kessler Topaz Secures Important Protections for Stockholders in Highly-Anticipated Delaware Supreme Court Opinion Authors of this newsletter: On April 4, 2024, the Delaware Supreme Court issued an Opinion and reversed the Delaware Court of Chancery’s dismissal of […] Read More
After Kessler Topaz Lawsuit, Kaiser Admits to Privacy Breach Affecting 13.4 Million Members Authors of this newsletter: Tyler Graden , Matthew Macken In April 2024, Kaiser Permanente, the nation’s largest managed care organization, notified state and federal regulators that its use of […] Read More
KTMC Secures Delaware Supreme Court Reversal Re-Affirming Materiality of Banker Conflicts in Squeeze-Out Transactions Authors of this newsletter: Kevin Kennedy , Grant Goodhart III On May 1, 2024, the Supreme Court of Delaware reversed the dismissal of a putative class action brought by KTMC […] Read More
KTMC Obtains First-of-its-Kind Class Certification Win in Securities Fraud Case Against Goldman Sachs Arising From the 1MDB Scandal Authors of this newsletter: Nathaniel Simon , Nathan Hasiuk Our Winter 2024 newsletter[1] discussed the recent decision by the United States Court of Appeals for the Second Circuit in Arkansas Teacher […] Read More
