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United States - Class Actions - Did The Seventh Circuit Just Sound The Death Knell For Mootness Fees?

For decades, corporate merger and acquisition deals have been plagued by meritless claims asserting, typically, that the companies and their officers and directors have provided insufficient disclosures.

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Did the Seventh Circuit Just Sound the Death Knell for Mootness Fees? | Mayer Brown

For decades, corporate merger and acquisition deals have been plagued by meritless claims asserting, typically, that the companies and their officers and directors have provided.

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Judge Posner Called It a "Racket": A Federal Judge Pushes Back Against a Very Similar "Mootness Fee" Petition in Federal Merger Litigation | Seyfarth Shaw LLP

In a recent decision from the United States District Court for the Southern District of New York, a federal Judge pushed back against the common but abusive practice of “mootness fee”.

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Judge Posner Called It A

In a recent decision from the United States District Court for the Southern District of New York, a federal Judge pushed back against the common but abusive practice of "mootness fee" payoffs in public M&A deals.

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