Hatsopolous Bros. Beat Investor Suit Over Energy Co. Merger

An article in Law360 by Reenat Sinay highlighted a significant win by Solomon & Cramer LLP in a securities litigation brought by shareholders against a major energy company, its owners, officers and directors. Solomon & Cramer LLP won a motion to dismiss this proposed class action suit in the federal district court in Massachusetts on behalf its clients in a case involving securities fraud, fiduciary duty, the entire fairness doctrine, and the business judgment rule.
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Investors, Energy Co. Wrangle Over ‘Entire Fairness Doctrine’

An article in Law360 by Aaron Liebowitz quotes Solomon & Cramer LLP’s Andrew Solomon who spoke on behalf of his clients defending a shareholder lawsuit for securities fraud as a result of a merger involving two energy companies in the federal district court in Massachusetts. The entire fairness doctrine and the business judgment rule in the context of a merger under Delaware law are at issue.
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