If your company is involved in a large-scale M&A transaction, you’re likely facing the threat of a lawsuit from shareholders. Not that it will do them much good. According to a new report from Cornerstone Research, a national consulting firm serving attorneys involved in complex litigation and regulatory proceedings, in 2013 it was uncommon for shareholders to actually make money from these suits when they settle.
The report, “Settlements of Shareholder Litigation Involving Mergers and Acquisitions,” is the second of a two-part series from Cornerstone on M&A-related litigation (part one is here). The report looked at 85 big-ticket M&A transactions (valued at more than $100 million) that were settled in 2013 and discovered that monetary settlements for shareholders became rarer in the past year, and plaintiffs attorneys for shareholders aren’t raking in as much in fees as they once did.
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