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In re Dell Tech., Inc. Class V Stockholders Litig.
Publication Date: 2024-08-27
Practice Area: Corporate Governance
Industry: Electronics | Investments and Investment Advisory | Software
Court: Delaware Supreme Court
Judge: Justice Seitz
Attorneys:
For plaintiff: Stephen B. Brauerman, Sarah T. Andrade, Bayard, P.A., Wilmington, DE for appellant.
For defendant: Ned Weinberger, Mark Richardson, Brendan W. Sullivan, Labaton Sucharow LLP, Wilmington, DE; Domenico Minerva, Joseph Cotilletta, Labaton Sucharow LLP, New York, NY; David M. Cooper, Silpa Maruri, George T. Phillips, Quinn Emanuel Urquhart & Sullivan, LLP, New York, NY; William R. Sears, Quinn Emanuel Urquhart & Sullivan, LLP, Los Angeles, CA; Peter B. Andrews, Craig J. Springer, David M. Sborz, Jackson E. Warren, Andrews & Springer LLC, Wilmington, DE; Chad Johnson, Noam Mandel, Desiree Cummings, Robert Gerson, Jonathan Zweig, Robbins Geller Rudman & Dowd LLP, New York, NY; Jeremy S. Friedman, David F.E. Tejtel, Christopher M. Windover, Lindsay La Marca, Friedman Oster & Tejtel PLLC, Bedford Hills, NY for appellee.
Case number: 349, 2023

Court upheld counsel fee of 26 percent of $1 billion settlement where Delaware disfavored per se rules governing reasonableness of fee awards and chancery court adequately explained the reasonable value of the award.

August 15, 2024 | Delaware Business Court Insider

Upholding $266.7M Fee Award, Del. Supreme Court Rejects Diminishing-Returns Curb on Bigger Wins

The opinion by Chief Justice Collins J. Seitz Jr. states Delaware precedent doesn't support requiring a declining percentage fee model like the one used in federal courts.
4 minute read
August 14, 2024 | Delaware Business Court Insider

Intel Again Accused of Misleading Investors on Foundry Finances

It's the second case bringing similar allegations against Intel in the Delaware court.
3 minute read
July 31, 2024 | Law.com

How I Made Partner: 'Identify Needs at the Firm and Find Ways to Meet Them,' Says Juan Carlos Sanchez of Robbins Geller Rudman & Dowd

"Identify needs at the firm, beyond the scope of your cases, and find ways to meet them. Also— and this should be a mantra—prepare, prepare, prepare. It's the not-so-secret secret sauce."
7 minute read
July 31, 2024 | Litigation Daily

A View From Either Side of the Securities Class Action Bar on a 'Steady' First Half of 2024

In its latest report released this morning, Cornerstone Research says total class action securities filings are essentially on pace with last year. We take a look at the numbers with Robbins Geller's Darren Robbins and Simpson Thacher's Jonathan Youngwood.
4 minute read
Law Journal Press | Digital Book Florida Construction Defect Litigation 2025 Authors: Gary L. Brown View this Book

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Sciannella v. AstraZeneca UK Ltd.
Publication Date: 2024-07-16
Practice Area: Mergers and Acquisitions
Industry: Biotechnology | Pharmaceuticals
Court: Court of Chancery
Judge: Vice Chancellor Fioravanti
Attorneys:
For plaintiff: Kimberly A. Evans, Lindsay K. Faccenda, Irene R. Lax, Robert Erikson, Block & Leviton LLP, Wilmington, DE; Christopher H. Lyons, Tayler D. Bolton, Robbins Geller Rudman & Dowd LLP, Wilmington, DE; Randall J. Baron, David A. Knotts, Teo A. Doremus, Robbins Geller Rudman & Dowd LLP, San Diego, CA; Brett M. Middleton, Johnson Fistel, LLP, San Diego, CA for plaintiff.
For defendant: Kevin M. Gallagher, Nicole M. Henry, Richards, Layton & Finger, P.A., Wilmington, DE; John F. Sylvia, Kerime S. Akoglu, Mintz, Levin, Cohn, Ferris, Glovsky & Popeo, P.C., Boston, MA; Daniel M. Silver, Benjamin A. Smyth, Sarah E. Delia, Alexandra M. Joyce, McCarter & English, LLP, Wilmington, DE; Meredith Kotler, Mary Eaton, Nicholas A. Caselli, Freshfields Bruckhaus Deringer US LLP, New York, NY for defendants.
Case number: 2023-0125-PAF

Fiduciary claims against purported controlling stockholder dismissed where plaintiff failed to plead facts demonstrating that stockholder qualified as a controller of the company or exercised transaction-specific control during proposed sale of company via tender offer.

July 15, 2024 | Law.com

Report: Securities Fraud Losses Claimed Balloon in First Half of 2024

The report from securities litigation data analytics company SAR attributes the rise not to a greater number of SEC Rule 10b-5 complaints being filed in the federal courts, but to drops in stock prices growing larger.
3 minute read
July 11, 2024 | The Legal Intelligencer

Judge Approves $51M Settlement in Shareholder Suit Against Medical Equipment Company

The settlement includes $12.7 million in attorney fees for the plaintiffs' lead counsel.
3 minute read
June 18, 2024 | The American Lawyer

Largest Law Firms in the U.S.: The 2024 NLJ 500

The NLJ 500 is our survey of the 500 largest law firms in the United States covering the previous calendar year.
15 minute read
June 18, 2024 | National Law Journal

The 2024 NLJ 500: Ranked by Head Count

The NLJ 500 is the National Law Journal's survey of the 500 largest law firms in the United States covering the previous calendar year.
15 minute read

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