ACHIEVEMENTS

CASE
SUCCESSES

Amicas: Merger injunction gets shareholders a better deal

Obtained injunction in class action litigation that stopped a proposed private equity buyout from going forward at an inadequate price. 

The court ordered the company to disclose to shareholders that it had received—and refused—a superior offer from a third party. As a result, the proposed transaction broke up and the company sold for a 13% premium on the original deal. The court complimented the “exceptionally favorable result for Amicas’ shareholders.”

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