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To embed, copy and paste the code into your website or blog: On January 12, 2021, the United States District Court for the Southern District of New York dismissed a putative class action complaint against Bemis Company Inc. and members of its board of directors (collectively, “Bemis”) that alleged materially misleading statements in connection with a merger, in violation of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) in In re Bemis Co. Sec. Litig.[1] This decision is significant because it provides favorable precedent for companies targeted for Section 14(a) litigation, a problem that plagues at least 80% of public companies following M&A transactions. The decision, and its implications, are discussed below. ....