FAST SPAC’s agreement to pay $12.5 million to investors in connection with its broken merger was approved by the Delaware Court of Chancery.

Delaware Chancery Court upholds breach of fiduciary duty claims against Funko.

A settlement obtaining $1.9 million and corporate governance improvements and reforms was preliminarily approved in the District of Colorado for the benefit of Lightning eMotors, Inc.

The Court of Appeals has confirmed that the use of a control share bylaw by a Massachusetts trust violates the Investment Company Act of 1940.

Investors in a SPAC that acquired View Inc. have filed a case in the Delaware Court of Chancery seeking damages for breaches of fiduciary duty, aiding and abetting, and unjust enrichment.

The U.S. District Court certified a class of Pioneer Merger Corp. stockholders in a dispute over the distribution of a termination fee paid to the SPAC following a broken transaction.

Special Opportunities Fund, Inc. (NYSE: SPE) today announced that it has reached a settlement of a class action lawsuit filed in the Delaware Court of Chancery against FAST Acquisition Corp. regarding the distribution of FAST’s net assets.

SPAC shareholders settle a consolidated lawsuit arising from a termination fee paid following a failed business combination.

Morris Kandinov LLP is representing an investor in an action against Forte Biosciences Inc.’s board for breaching its fiduciary duties by diluting stockholders’ voting power to protect incumbents’ positions.

Morris Kandinov LLP is representing Camac Fund, LP in an action against the board of directors of Forte Biosciences, Inc. and other defendants who attempted to fix the vote in advance of the company’s annual meeting.