Silicon Legal: Mailchimp Workers Cry Foul After Missing Out on Sale Jackpot
Do Mailchimp's 1,200 employees have cause to sue over not scoring big merger payouts? Probably not, but that likely won't stop anyone truly determined. Patterson Law Firm attorney Michael Haeberle, who keeps a close eye on tech industry securities suits, says large deals and securities suits go together like peaches and cream.
September 21, 2021 at 01:40 PM
3 minute read
Technology Media and Telecom
Editor's note: Welcome to Silicon Legal, a regular column looking at the legal issues facing the technology industry and startups. Thanks for reading! We'd love your feedback, so please send thoughts and tips to Hugo Guzman, at [email protected]. Follow Hugo on Twitter @TrveHugoGuzman and connect with him on LinkedIn.
Mailchimp employees are seething after the email marketing platform announced last week that it would be acquired by Intuit, the Mountain View, California-based maker of TurboTax. The deal, worth around $12 billion, is advised by Latham & Watkins, King & Spalding and McDermott Will & Emery.
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