Microsoft Flagship Store on Fifth Avenue in Manhattan. Microsoft Subsidiary Won't Pay $250K in Merger Disclosure Case Fees
It's a relatively rare outcome for an acquired company facing merger disclosure claims, with the large majority of companies facing similar claims opting not to litigate a shareholder's requested fees as Nuance Communications Inc. did, represented by a team from Paul, Weiss, Rifkind, Wharton & Garrison.
February 08, 2022 at 05:26 PM
3 minute read
Technology Media and Telecom
Litigation filed by a shareholder did cause a recent Microsoft acquisition to disclose additional information, but it wasn't substantial enough to warrant payment of $250,000 in attorney fees, a Manhattan federal court decided Monday.
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