Expertise

We specialize in rectifying shareholder injury by aggressively challenging the misconduct of directors and officers through high stakes litigation.

Representing shareholders of both public and private corporations, our goal is to defend shareholder value and improve corporate governance practices throughout the nation by successfully prosecuting shareholder claims. We protect shareholders against wrongs such as:

Lady Justice
  • Fraud
  • Breach of Fiduciary Duty
  • Insider Trading
  • Corporate Waste
  • Self-Dealing
  • Unjust Enrichment

Representative Cases

  • In re Dell Technologies Inc. Class V Stockholders Litigation (Delaware Court of Chancery) (C.A. No. 2018-0816-JTL)

    Secured a $1 billion cash recovery for the injured stockholder class.

  • Tornetta v. Musk, et al. (Delaware Court of Chancery) (C.A. No. 2019-0408-JRS)

    Secured a post-trial judgment rescinding the entirety of Elon Musk's 2018 executive compensation plan valued at ~$55 billion.

  • In re Warner Bros. Discovery, Inc. Stockholder Litigation (Delaware Court of Chancery) (C.A. No. 2022-1114-JTL)

    Secured a $125 million cash settlement for the stockholder class.

  • Voigt v. Metcalf, et al. (Delaware Court of Chancery) (C.A. No. 2018-0828-JTL)

    Secured a $100 million cash recovery for the injured corporation and its stockholders.

  • In re MSGE Corp. Stockholders Litigation (Delaware Court of Chancery) (C.A. No. 2021-0468-KSJM)

    Secured a $85 million cash recovery for the injured corporation.

  • Lacey v. Larrea, et al. (Delaware Court of Chancery) (C.A. No. 11779-VCG)

    Secured a $50 million cash recovery for the stockholder class.

  • In re AVX Corp. Stockholders Litigation (Delaware Court of Chancery) (C.A. No. 2022-1046-SG)

    Secured a $49.9 million cash recovery for the stockholder class.

  • In re R1 RCM Inc. Stockholders Litigation (Delaware Court of Chancery) (C.A. No. 2021-0318-PAF)

    Secured a $45.4 million cash settlement fund and corporate governance benefits for the Company and its stockholders.

  • In re AmTrust Financial Services, Inc. Stockholder Litigation (Delaware Court of Chancery) (C.A. No. 2018-0396-AGB)

    Secured a $40 million cash recovery for the stockholder class.

  • The Williams Companies Stockholder Litigation (Delaware Court of Chancery) (C.A. No. 2020-0707-KSJM)

    Secured a post-trial judgment--and subsequent Delaware Supreme Court affirmance--enjoining a "poison pill" shareholder rights plan adopted by The Williams Companies, Inc. and finding breaches of fiduciary duties by all directors who adopted the pill.

  • In re Tilray, Inc. Reorganization Litigation (Delaware Court of Chancery) (C.A. No. 2020-0137-KSJM)

    Secured a $39.9 million cash recovery for the injured corporation and its stockholders.

  • H&N Management Group, Inc. & Aff Cos Frozen Money Purchase Plan v. Couch, et al. (Delaware Court of Chancery) (C.A. No. 12847-VCMR)

    Secured a $35.5 million cash recovery for the injured corporation and its stockholders.

  • In re Coty Inc. Stockholder Litigation (Delaware Court of Chancery) (C.A. No. 2019-0336-AGB)

    Secured a $35 million cash recovery and significant corporate governance for the injured corporation and its stockholders.

  • Hawkes v. Toronto-Dominion Bank, et al. (Delaware Court of Chancery) (C.A. No. 2020-0360-PAF)

    Secured a $31.5 million cash recovery for the stockholder class.

  • Employees' Retirement System of Rhode Island v. Marciano, et al. (Delaware Court of Chancery) (C.A. No. 2022-0839-LWW)

    Secured a $30 million cash recovery and beneficial corporate governance changes.

  • Appel v. Berkman, et al. (Delaware Court of Chancery) (C.A. No. 12844-VCMR)

    After securing a dismissal reversal from the Delaware Supreme Court, obtained a $25.5 million cash recovery for the stockholder class.

  • Sommers v. Lawal, et al. (Delaware Court of Chancery) (C.A. No. 11963-VCMR)

    After securing reversal by the Delaware Supreme Court of the Action's dismissal, secured a $24 million cash settlement for the Company's bankruptcy estate.

  • Lacey v. Larrea, et al. (Delaware Court of Chancery) (C.A. No. 2019-0312-LWW)

    Secured a $24.5 million cash recovery for Southern Copper Corporation and its stockholders.

  • Tornetta v. Maffei, et al. (Delaware Court of Chancery) (C.A. No. 2019-0649-KSJM)

    Secured a $23.5 million cash recovery for the stockholder class.

  • In re Golden Nugget Online Gaming, Inc. Shareholders Litigation (Delaware Court of Chancery) (C.A. No. 2022-0797-JTL)

    Secured a $22 million cash settlement for the stockholder class.

  • Schechter, et al. v. Calamos, et al. (Delaware Court of Chancery) (C.A. No. 2017-0356-JTL)

    Secured a roughly $22 million cash recovery for the stockholder class.

  • Chester County Employees Retirement Fund v. KCG Holdings, Inc. (Delaware Court of Chancery) (C.A. No. 2017-0421-JTL)

    Secured a $22 million cash recovery for the stockholder class.

  • Aldridge v. Blackmore, et al. (Delaware Court of Chancery) (C.A. No. 12196-CB)

    Secured a $20 million cash recovery for the injured corporation and its stockholders.

  • Vero Beach Police Officers' Retirement Fund v. Bettino, et al. (Delaware Court of Chancery) (C.A. No. 2017-0624-JRS)

    Secured a $17.95 million cash recovery fund for the injured corporation and its stockholders.

  • In re HomeFed Corporation Stockholder Litigation (Delaware Court of Chancery) (C.A. No. 2019-0592-LWW)

    Secured a $15 million cash recovery for the stockholder class.

  • Makris v. Ionis Pharmaceutical Inc., et al. (Delaware Court of Chancery) (C.A. No. 2021-0681-LWW)

    Secured a $12.5 million cash recovery for the stockholder class.

  • In re Tangoe, Inc. Stockholders Litigation (Delaware Court of Chancery) (C.A. No. 2017-0650-JRS)

    Secured a $12.5 million cash recovery for the stockholder class.

  • In re ArthroCare Stockholder Litigation (Delaware Court of Chancery) (C.A. No. 9445-VCL)

    Secured a $12 million cash recovery for the stockholder class.

  • Haverhill Retirement System v. Kerley, et al. (Delaware Court of Chancery) (C.A. No. 11149-VCL)

    Secured a $10 million cash recovery for Providence Service Corp. and its stockholders.

  • Salladay v. Lev, et al. (Delaware Court of Chancery) (C.A. No. 2019-0045-SG)

    Secured a $9 million cash recovery for the injured stockholder class.

  • Morris v. Spectra Energy Partners (DE) GP, LP (Delaware Court of Chancery) (C.A. No. 2019-0097-SG)

    After securing a dismissal reversal from the Delaware Supreme Court, obtained a $7.5 million cash recovery for the unitholder class.

  • Oklahoma Firefighters Pension & Retirement System v. Foley, Inc. (Delaware Court of Chancery) (C.A. No. 2020-0801-KSJM)

    Obtained a $6 million cash recovery and significant corporate governance for the aggrieved stockholders.

  • Asbestos Workers' Philadelphia Pension Fund v. Avril, et al. (Delaware Court of Chancery) (C.A. No. 2019-0633-SG)

    Secured a $5.6 million cash recovery.

  • Ann Arbor City Employees Retirement System v. Katzenberg (Delaware Court of Chancery) (C.A. No. 12507-CB)

    Secured a $4.5 million cash recovery for the stockholder class.

  • Olenik v. Lodzinski, et al. (Delaware Court of Chancery) (C.A. No. 2017-0414-JRS)

    Secured a $3.5 million cash settlement recovery and significant corporate governance reforms.

  • Tera v. HC2 Holdings, Inc. (Delaware Court of Chancery) (C.A. No. 2020-0275-JRS)

    Class action challenging the board of HC2 Holdings, Inc.'s ("HC2") use of proxy puts to oppose a campaign to remove and replace the company's incumbent directors with a slate of dissident directors. After the Court granted the Plaintiff's motion to expedite, the HC2 board, inter alia, approved the dissident directors for purposes of defusing the proxy puts and obtained waivers from preferred stockholders in connection with the proxy puts.

  • Hawkes v. Bettino, et al. (Delaware Court of Chancery) (C.A. No. 2020-0360-PAF)

    Class action challenging proposed merger of TD Ameritrade Holding Corporation ("Ameritrade") and The Charles Schwab Corporation as, inter alia, violative of DGCL Section 203 ("Section 203"). On May 15, 2020, the Court granted Plaintiff's motion for expedition. Thereafter, Ameritrade provided Ameritrade stockholders with certain Section 203-related disclosures and asked stockholders to approve the transaction by the affirmative vote of at least 66 2/3% of the outstanding unaffiliated shares of Ameritrade common stock.

  • In re VAALCO Energy, Inc. Consolidated Stockholder Litigation (Delaware Court of Chancery) (C.A. No. 11775-VCL)

    Secured invalidation of unlawful charter and bylaw provisions that prohibited stockholders from removing directors with or without cause in violation of Section 141(k) of the Delaware General Corporation Law.

  • Assad v. Telenav, Inc., et al (Delaware Court of Chancery) (C.A. No. 2020-0950-JTL)

    Class action challenging proposed going-private merger (the "Merger") involving Telenav, Inc. ("Telenav") as violative of DGCL Section 203 ("Section 203"). In response to the action, the Defendants agreed to condition the Merger on the affirmative vote of 66 2/3% of Telenav's unaffiliated shares.

  • Recovery Action Against Leading Digital Asset/Cryptocurrency Exchange

    Secured a full recovery for an investor in connection with a dispute involving a leading cryptocurrency exchange, which had appropriated a significant amount of the investor's digital currency.

  • Norfolk County Retirement System v. Sangwoo Ahn & Furmanite Corp., et al. (Delaware Court of Chancery) (C.A. 10727-VCG)

    Secured elimination of improper "dead hand" poison pill.

  • City of Riviera Beach General Employees Retirement System v. Aaron's Inc., et al. (Superior Court, Gwinnet County, Georgia)

    Secured remediation of unlawfully composed classified board of directors.

  • City of Atlanta Firefighters' Pension Fund v. Creel, et al. (Delaware Court of Chancery) (C.A. No. 9924-CB)

    Secured waiver of standstill provisions in non-disclosure agreements with potential acquirers that prevented potential acquirers from submitting competing bids for the company.

  • Miller v. Bolduc, et al. (Commonwealth of Massachusetts Superior Court) (C.A. No. 15-0807-BLS)

    Compelled company to hold its first annual meeting in over five years, and put to a shareholder vote a compensation plan amendment that allowed for significant stock options to company insiders.

  • Dinkevich v. Deutsche Telekom AG, et. al. (Delaware Court of Chancery) (C.A. No. 2021-0479-PAF)

    Class and derivative action challenging a series of agreements arising out of a merger agreement between T-Mobile and Sprint Corporation. On January 18, 2023, Vice Chancellor Paul A. Fioravanti, Jr. substantially denied the motions to dismiss filed by the Defendants. The action is now in the discovery phase.