Charter Communications : Notice of Pendency of Derivative Action Proposed Settlement
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE MATTHEW SCIABACUCCHI ... | April 21, 2023
Source: marketscreener.com
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Chancery Sends $55B Time Warner-Charter Deal Suit To Trial
A nearly seven-year-old stockholder challenge to the $55 billion Charter Communications Inc.–Time Warner Cable Inc. merger in 2015 survived summary judgment challenges in Delaware's Chancery Court on Monday, with a vice chancellor finding sufficient evidence to justify going to trial on claims that a majority of the board of directors lacked independence in the deal.
Source: law360.com
Aerospace Parts Co. Sued In Del. Over High Board, Exec Pay
An investor in aerospace component maker TransDigm Group has sued the company's top officers and directors in Delaware's Chancery Court, in a derivative action accusing them of granting themselves sky-high compensation, according to a complaint unsealed Thursday.
Source: law360.com