August 2018

Minority Shareholders Defend Breach of Trust Claim

Our firm obtained a complete victory on behalf of the minority shareholders of a community bank with approximately $3.7 billion in assets. When the community bank decided to merge with a large national bank, share values increased significantly. Another group of shareholders sought to wrest approximately $100 million in shares from our clients, asserting a variety of breach of contract and trust claims. After two years of litigation, the shareholders obtained summary judgment on each of 13 claims.

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