Increased Judicial Scrutiny of Non-Monetary Settlements of Merger Litigation Threatens Business Model of Some Plaintiffs’ Lawyers

Professionals Meeting (b&w)

In recent years, the percentage of corporate mergers and acquisitions challenged through stockholder litigation has more than doubled. In 2007, 44% of deals valued over $100 million were the subject of stockholder lawsuits; by 2014, the number was 93%.[1] Merger litigation has become both reflexive and ubiquitous; plaintiffs’ lawyers often file complaints on behalf of