Court Relies on Compass Lexecon Expert Kevin Dages in Rejecting Plaintiffs’ $1.6 Billion Damage Claim in its Entirety On February 15, 2021, Chancellor Bouchard of the Delaware Chancery Court issued a 127-page memorandum opinion in favor of Compass Lexecon’s clients...

Compass Lexecon Senior Consultant Professor Bradford Cornell Successfully Testified at Trial in Delaware Chancery Court On April 23, 2018, the Delaware Supreme Court affirmed, in a one sentence opinion, Vice Chancellor Laster's ruling in ACP Master, Ltd. v. Sprint Corp....

Compass Lexecon was retained in the first two cases decided following the Delaware Supreme Court's landmark decision in In re: Appraisal of Dell, Inc. (C.A. No. 9322-VCL). The courts in both cases reached fair value determinations below the respective deal...

Chancery Court Relies on Compass Lexecon Senior Consultant Bradford Cornell's Testimony This case involved a combined breach of fiduciary duty claim and appraisal action resulting from Sprint Corporation's $3.6 billion acquisition of Clearwire Corporation in July 2013. Clearwire shareholders who...

Compass Lexecon was retained by Stuart Grant of Grant & Eisenhofer P.A., Randall Baron of Robbins, Geller, Rudman & Dowd LLP, and Michael Wagner of Kessler, Topaz, Meltzer & Check, LLP on behalf of the plaintiff class in litigation before the...

Compass Lexecon was retained by Matthew R. Kipp of Skadden, Arps, Slate, Meagher & Flom LLP on behalf of his client, Insys Therapeutics, in litigation before the Superior Court of Arizona in Maricopa County. The litigation arose due to a...

This was a stockholder class action against certain members of the board (the “Board”) of Jefferies Group, Inc. (“Jefferies”) and Leucadia National Corporation (“Leucadia”). Plaintiffs alleged that four conflicted members of the Jefferies Board breached their fiduciary duties while negotiating...

Compass Lexecon was retained by Edward Welch and Edward Micheletti of Skadden, Arps, Slate, Meagher & Flom LLP on behalf of their clients, Jos. A. Bank Clothiers, Inc. (Jos. A. Bank) and its directors, in litigation before the Delaware Chancery...

Compass Lexecon was retained by Joel Friedlander of Bouchard, Margules and Friedlander, P.A. and Randy Baron of Robbins, Geller, Rudman & Dowd LLP (“Counsel”) on behalf of the plaintiff class in litigation before the Delaware Chancery Court regarding the sale...

On November 18, 2013 an Arbitration Panel ruled invalid the consent solicitation undertaken by Corvex Management LP (Corvex) and Related Fund Management, LLC (Related) in June 2013 to remove the Board of Trustees of CommonWealth REIT (CommonWealth). The Panel also...

Compass Lexecon was retained by Activision Blizzard, Inc. (Activision) in connection with litigation seeking to enjoin a transaction involving Activision’s repurchase of shares owned by majority shareholder Vivendi S.A. Compass Lexecon expert Kevin Dages submitted an affidavit in conjunction with...

On June 19, 2013, Utah State Judge Andrew H. Stone ruled in favor of Defendants, our clients, denying an injunction in a suit claiming that Mr. You-Bin Leng, Feihe International’s Chairman and Chief Executive Officer, and an affiliate of Morgan...

In 2008, VOOM HD, an affiliate of AMC Networks Inc. and a former unit of Cablevision Systems Corporation, sued Dish Network after Dish Network terminated a 15-year contract to carry VOOM HD's programming. Compass Lexecon's Senior Managing Director Jon Orszag...

In March 2012, Judge Laura Taylor Swain of the United States District Court (Southern District of New York) ruled in favor of Compass Lexecon’s client, the plaintiffs in a securities class action against Pfizer Inc. and certain of its officers,...

Compass Lexecon Affiliate, David K.A. Mordecai, testified regarding the dynamics of the auction rate securities market before, during, and following the financial crisis at a FINRA arbitration hearing on behalf of Lehman Brothers, Inc. and certain of its employees. A...

On December 30, 2010, in a decision scrutinized and commented upon by multiple international organizations and government officials, Judge Victor Danilkin of Moscow Khamovnichesky District Court found our clients Mikhail B. Khodorkovsky, once Russia’s richest oil businessman, and his partner...

Prior to an anticipated acquisition offer from Broadcom, Emulex’s Board of Directors amended its bylaws to create a super-majority voting provision and amended poison pill. Broadcom commenced a tender offer for Emulex’s outstanding shares and filed suit in Delaware Chancery...

Plaintiffs filed a case under ERISA alleging breaches of fiduciary duties by Baxter and several related defendants. Compass Lexecon expert Daniel R. Fischel filed reports on behalf of the defendants demonstrating that the economic evidence is inconsistent with plaintiffs’ claim...

The Delaware State’s Department of Finance filed suit against CA, Inc. alleging significant escheat liability following the termination of CA’s agreement to voluntarily disclose prior escheat liability. Compass Lexecon was retained by counsel for the State of Delaware, Ed Welch...

This case involved litigation in the Delaware Court of Chancery challenging the June 2005 merger of Liberty Media International, Inc. and its majority-owned subsidiary UnitedGlobalCom, Inc. (“UGC”). We were hired by Kevin Abrams of Abrams & Laster LLP to respond...

We were retained in this case by Mark Hansen of Kellogg, Huber, Hansen, Todd, Evans & Figel P.L.L.C. and Bruce Kaplan of Friedman Kaplan Seiler & Adelman LLP to work on behalf of their clients Bain Capital Partners and Thomas...