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Inside the Courts – An Update From Skadden Securities Litigators - September 2023 | Skadden, Arps, Slate, Meagher & Flom LLP

Two Sides of the Same Coin: Analyzing the Recent Ripple and Terraform Decisions - Key Points - - In July 2023, Judges Torres and Rakoff in the Southern Distr. ....

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4th Circuit Case Alleging Misled Shareholders Offers Legal Boost For Merger-Interested Corporations - Shareholders

The 4th U.S. Circuit Court of Appeals on June 1, 2023, issued a strong defense opinion in Karp v. First Connecticut Bancorp, a case involving allegations under Section 14(a). ....

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Law Digest — 4th Circuit, Md. Supreme Court, Appellate Court — June 8, 2023

Law Digest — 4th Circuit, Md. Supreme Court, Appellate Court — June 8, 2023
thedailyrecord.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailyrecord.com Daily Mail and Mail on Sunday newspapers.

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4th Circ. Won't Revive Investor Suit Over $544M Bank Merger

The Fourth Circuit has declined to revive a shareholder suit against First Connecticut Bancorp over its $544 million merger with People's United Financial Inc., saying there were no reversible errors in the district court's decision to toss the suit. ....

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First Connecticut Defeats Appeal Over Cash Flow Non-Disclosure

An appeal over First Connecticut Bancorp Inc.'s non-disclosure of rosy cash-flow projections during a merger failed because there was no evidence that the projections impacted its share price. ....

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