The Delaware Court of Chancery has approved a lead structure to pursue litigation against Anaplan Inc. in a case alleging that the company’s officers “squandered” roughly $400 million in value for stockholders in Anaplan’s $10.4 billion sale to private equity firm Thoma Bravo. Bernstein Litowitz Berger & Grossmann LLP is lead counsel and Morris Kandinov LLP and Labaton Sucharow LLP are additional counsel.
Morris Kandinov represents the Brotherhood of Locomotive Engineers and Trainmen Long Island Pension Fund.
