Emulex Corporation, et al., Petitioners v. Gary Varjabedian, et al.
Case Number:
18-459
Court:
Nature of Suit:
3850 Securities, Commodities, Exchange
Firms
- A&O Shearman
- Deutsch Hunt
- Goldstein & Russell
- Hogan Lovells
- Jones Day
- Latham & Watkins
- Skadden Arps
- Wachtell Lipton
Companies
- Emulex Corporation
- North American Securities Administrators Association
- SIFMA
- Washington Legal Foundation
Sectors & Industries:
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January 08, 2019
High Court's Take On Emulex Could Slash Merger Challenges
The U.S. Supreme Court's decision to hear a proposed class action brought by Emulex Corp. shareholders who claim they were misled about a tender offer for the company presents an opportunity for the court to stanch a flood of class actions in federal court challenging such mergers, experts say.
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January 04, 2019
Supreme Court Will Review Negligence Standard In M&A Suit
The U.S. Supreme Court agreed Friday to hear Emulex Corp.'s challenge to a Ninth Circuit finding that investors must show the company was merely being negligent rather than intentionally engaging in wrongdoing when it allegedly misled shareholders about a merger offer.
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