In The News Today - July 3, 2019

July 03, 2019

“The M&A Class Action Racket: An End in Sight?”: A new ILR blog details the potentially groundbreaking opinion of U.S. District Judge Thomas Durkin, in which he referred to merger and acquisition (M&A) objection lawsuits as a “racket.” Securities litigation observer and author of the D&O Diary blog Kevin LaCroix said the opinion may be the first step towards “driving a stake in the heart” of the growing M&A objection lawsuit problem. (ILR Blog)