Matthew C. Benedict

Staff Attorney

EDUCATION
  • Haverford College
    B.A. 1999
  • Villanova University School of Law
    J.D. 2006
ADMISSIONS
  • New Jersey
  • Pennsylvania
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Matthew Benedict, a staff attorney of the Firm, concentrates his practice in the area of mergers and acquisition litigation and stockholder derivative litigation.  Matthew has represented both plaintiffs and defendants in numerous high-profile securities fraud class actions concerning Wall Street institutions’ conduct before, during, and in the wake of the 2008 financial crisis.

Experience
Representative Outcomes
  • On September 12, 2017, the Delaware Chancery Court approved one of the largest class action M&A settlements in the history of the Delaware Chancery Court, a $86.5 million settlement relating to the acquisition of ExamWorks Group, Inc. by private equity firm Leonard Green & Partners, LP.

    The settlement caused ExamWorks stockholders to receive a 6% improvement on the $35.05 per share merger consideration negotiated by the defendants. This amount is unusual especially for litigation challenging a third-party merger. The settlement amount is also noteworthy because it includes a $46.5 million contribution from ExamWorks’ outside legal counsel, Paul Hastings LLP.