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January 10, 2022
Our Securities Litigation and Securities Groups take a closer look at a technical, fact-specific decision addressing claims brought in connection with a special purpose acquisition company's de-SPAC merger transaction.
January 10, 2022
On January 3, 2022, the Delaware Court of Chancery issued an opinion denying motions to dismiss in In re Multiplan Corp. Stockholders Litigation, a stockholder action arising out of the...
July 24, 2021
Health your username 1 day ago The defendants of a case filed in April 2020, Cigna Behavior Health, Inc., and Multiplan, Inc., have responded to the initial complaint against them which alleged their involvement in a reimbursement scheme. The complaint was filed in the Northern District of California by a plaintiff known as R.J., who filed suit as the representative of her son and all others similarly situated. The complaint explained that R.J. and her son were covered under Cigna’s insuranc...
February 17, 2021
2020 Health Care Services M&A Market Survived Covid-19, According To Irving Levin Associates, Inc. Share Article According to a new report from Irving Levin Associates, mergers and acquisitions in the health care services industry decreased 13% in 2020, to 1,116 deals, from the record set in 2019. “Deal making in the healthcare services sectors was definitely impacted by Covid-19, but survived in the end." NEW CANAAN, Conn. (PRWEB) ...
February 3, 2021
Provided by Dow Jones By Eliot Brown When news emerged in December that Churchill Capital Corp IV, a blank-check company with no assets beyond its $2 billion in cash, had made an offer to acquire DirecTV, its stock barely moved. After a report in January that Churchill was in talks to merge with the buzzy electric-vehicle startup Lucid Motors Inc., it was a different story. Speculation about the possible combination spread on Reddit and other social-media pl...
January 17, 2021
Churchill Capital Corp to Participate in the 2021 ICR Virtual Conference Churchill Capital Corp to Participate in the 2021 ICR Virtual Conference Churchill Capital Corp, (“Churchill” or the Company), whose sponsor is an affiliate of M. Klein and Company, LLC, announced today that the Companys Chairman and CEO, Michael Klein will participate in a fireside chat during the 23rd Annual ICR Virtual Conference. The fireside chat will begin at 3:30 p.m. Eastern on Tuesday, January 12, 2021. To ...
December 22, 2020
Health your username December 21, 2020 In the Northern District of California on Friday, Judge Yvonne Gonzalez Rogers dismissed health insurance case against United Behavioral Health was dismissed with leave to amend. The judge dismissed the plaintiffs’ claims with prejudice under the Sherman Act and Racketeer Influenced and Corrupt Organizations Act (RICO) and the plaintiffs’ state law claims within the scope of the Employee Retirement Income Security Act (ERISA). Furthermore, the judge di...