News
In an order entered on May 21, 2026, the Delaware Court of Chancery stayed a shareholder derivative action brought by KSF on behalf of Acadia Healthcare in light of the parties’ agreement in principle to settle the claims asserted therein and in certain related derivative actions.
In a status report filed on May 19, 2026, the parties to a shareholder derivative action brought on behalf of Acadia Pharmaceuticals in California federal court advised that they had substantially completed documenting a settlement of the claims asserted therein and in certain related stockholder demands, including a stockholder demand served by KSF.
On December 18, 2024, a Final Judgment of $189 million settlement of the Class’s claims in Dicker v. TuSimple Holdings, Inc. et al., was approved.
The Hon. Susan Illston entered a Final Judgment approving a $27.5 million settlement of the Class’s claims in the Velodyne Lidar litigation.
The Hon. Cynthia Bashant entered a Final Judgment approving a $7.75 million settlement in a Class action for breach of federal securities laws relating to a proposed merger of pharmaceutical company GW Pharmaceuticals.
The Hon. Lowell Hazel entered a Final Judgment approving a $37 million settlement for the Class in a Class action for breach of fiduciary duties to shareholders relating to a proposed merger of the utility company Cleco Corporation.
The Hon. Alvin K. Hellerstein entered a Final Judgment approving a $5.65 million settlement for the Class.
The Hon. Cormac J. Carney entered a Final Judgment approving a settlement valued at $35 million in cash and stock for the Class.
After 8.5 years from the initially filed complaint in October 2013 BlackBerry agreed to resolve its U.S.-based shareholder class action with a $165 million
The Hon. Colleen McMahon entered a Final Judgment approving a $165 million settlement of Lead Plaintiffs’ claims.