Lead plaintiff Funicular Funds, LP and lead counsel Morris Kandinov filed a motion for preliminary approval of a $13 million settlement of claims arising from the liquidation of Pioneer Merger […]
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.
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.
Special Opportunities Fund, Inc. has announced a standstill with Delaware Enhanced Global Dividend and Income Fund, which will provide, among other things, a tender offer to purchase up to 30% of common shares contingent on approval of a proposed reorganization.
Morris Kandinov LLP is representing an investor in the Infinity Q Diversified Alpha Fund in connection with a motion to stop a proposed settlement on unfair terms.
Granite Construction Inc. stockholders have filed a proposed $7.5 million settlement in the Delaware Chancery Court for litigation arising from $338 million in cost overruns concealed from investors between 2017 and 2019.
Granite Construction will pay $7.5 million and adopt a series of oversight reforms to end shareholder litigation over claims that its board concealed hundreds of millions in overruns affecting four “mega-projects.”