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

Morris Kandinov LLP along with two other firms will handle litigation involving a significant decline in merger value caused by Anaplan’s management.

Shareholders sued Anaplan Inc.’s top officers and key directors late Monday in Delaware’s Chancery Court, challenging their unauthorized, pre-closing approval of massive equity grants that breached a $10.7 billion merger agreement.

Morris Kandinov LLP represents investors in the Fiduciary/Claymore Energy Infrastructure Fund (FMO) in connection with the fund’s losses during an early 2020 liquidity crisis and a subsequent proposal to merge with the Kayne Anderson Energy Infrastructure Fund Inc (KYN).

The Delaware Court of Chancery approved a $110 million deal to end a shareholder suit that alleged breaches of fiduciary duty in connection with Liberty Broadband Corp.’s acquisition of GCI Liberty Inc.

Morris Kandinov LLP was part of a team of lawyers that secured a favorable settlement for GCI Liberty Inc. stockholders in connection with its merger with Liberty Broadband Corp.

Fund directors have done little to obtain value for shareholders in connection with mergers of asset management companies, despite having ample leverage and opportunity.

The Mutual Fund Directors Forum recently released guidance to fund directors for when a fund’s investment advisor is acquired by another investment advisor. The release merits close examination.