The buyer in a proposed $750 million acquisition of USHealth Group Inc. has sued Shareholder Representative Services LLC in Delaware Chancery Court, renewing a once-beaten effort to recover a disputed $38 million price jump after the deal had been struck.
In
Hirsch v. USHealth Advisors, LLC, Judge Pittman, of the United States District Court for the Northern District of Texas, denied Aaron Hirsch’s (“Plaintiff”) Motion for Class Certification, which was based on allegations that USHealth Advisors, LLC (“USHA”) and USHealth Group, Inc. (“USGA”) (collectively “Defendants”) violated the Telephone Consumer Protection Act and Maryland equivalent of the Telephone Consumer Protection Act. In doing so, the Court put a dent in claims where professional plaintiffs seek to profit off the TCPA.
In that case, Plaintiff developed a plan to “profit through the TCPA.” When Plaintiff was called by a lead-generation vendor, Plaintiff, on multiple occasions, stated he was interested in buying health insurance (although he was not), scheduled a phone call with a USHA agent, and, after receiving the call from the USHA agent, asked to be placed on the internal do not call list. When Plaintiff received subsequent calls and texts, he