Topic
Shareholder Litigation
292 published works
Cleary M&A and Corporate Governance Watch
A Sea Change In Shareholder Litigation, or More Of The Same? What To Expect In 2026
By Roger A. Cooper, Mark E. McDonald, Nicolas Williams, Davawn Hartz
The following is part of our annual publication Selected Issues for Boards of Directors in 2026. Explore all topics or download the PDF. Two significant developments during 2025—one in Delaware corporate law and the…
The CLS Blue Sky Blog
Litigation Against Venture Capital in the Unicorn Era
By Emily Strauss, Abraham Cable
In 2023, a former employee and shareholder of a struggling startup called Teespring sued not just the company and its managers, but also one of its investors: Hydrazine Capital, a…
The D&O Diary
Guest Post: New Year’s Primer for Directors: Things to Know About Shareholder Litigation
Edgar A. Neely IV Scott N. Sherman The arrival of a securities class action lawsuit can be and often is a watershed moment in the life a public company. In…
Sidley Austin Blog
Delaware Court of Chancery Finds No “Truth” to Minority Shareholder’s Allegations of a Lock-Up Conspiracy by Truth Social Operator, But Does Not Reach Presidential Immunity
By James Heyworth, Matthew Henry
In September, the Delaware Court of Chancery dismissed a lawsuit by minority shareholder United Atlantic Ventures, LLC (“UAV”) against Trump Media and Technology Group Corp. (“TMTG”), the operator of social…
Known Trends
SEC Chairman Addresses Potential Reforms Relating to Shareholder Proposals and Shareholder Litigation
Our recent Client Alert discusses a much-publicized keynote address by SEC Chairman Paul S. Atkins at the University of Delaware’s John L. Weinberg Center for Corporate Governance. While formal rulemaking…
Corporate Governance and Compliance
No Surprises Here! Shareholder Derivative Lawsuit Challenging Provider Use of No Surprises Act IDR Process Portends New Corporate Governance Risks
By Vinay Kohli, D. Austin Rettew
On September 8, 2025, a shareholder of Nutex Health, Inc. (“Nutex”) filed a derivative action in the Southern District of Texas that places the No Surprises Act (“NSA”) squarely at…
The CLS Blue Sky Blog
Wachtell Lipton Discusses Proposed End of Quarterly Reporting and Action on Shareholder Litigation
By Martin Lipton, Adam O. Emmerich, David A. Katz, Joseph S. Payne
The U.S. Securities and Exchange Commission last week took steps toward modernizing the periodic reporting system for public companies, and also permitted issuers to include mandatory arbitration provisions in their…
Hall Benefits Law Blog
Equinix Agrees to Settle Stockholder Class Action Suit for $41.5M
By Anne Hall
Equinix, a data center developer, has agreed to a $41.5 million settlement in a class action lawsuit involving its stockholders. The class alleged that Equinix mischaracterized routine expenses as nonrecurring…
The CLS Blue Sky Blog
SPACs Create Value, but Agency Costs Loom
By Felix Feng, Tom Nohel, Xuan Tian, Wenyu Wang, Yufeng Wu
Once heralded as the “hottest thing in finance,”[1] special purpose acquisition company (SPAC) IPOs accounted for more than 60 percent of all IPO activity in 2021[2]. But the SPAC market…
California Corporate & Securities Law Blog
Delaware Court Awards Attorneys Nearly $18,000/Hour For Frustrating The Will Of The Stockholders
Although parties in American litigation usually are responsible for paying their own attorneys' fees, there are many exceptions. One of those exceptions is when someone confers a "common benefit". …