Securities defense lawyers at large law firms have noticed an uptick in shareholder lawsuits over mergers and acquisitions, even those worth under $100 million, a reflection of both increased deal activity and eroded share values that have lowered sale prices. Says Kevin Muck, head of securities litigation at Fenwick & West, "It's a sign of the economy improving. As more companies do deals, these lawsuits follow, inevitably."
February 04, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Securities defense lawyers at big firms have noticed an uptick in shareholder lawsuits over mergers and acquisitions, even those worth under $100 million, a reflection of both increased deal activity and eroded share values that have lowered sale prices.
“There’s clearly been more cases filed over the last three months than in the comparable period the year before, both here in California and in Delaware,” said Kevin Muck, head of securities litigation at Fenwick & West.
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