IN RE VOLCANO CORP. STOCKHOLDER LITIGATION

CONSOLIDATED C.A. NO. 10485-VCMR.

143 A.3d 727 (2016)

IN RE VOLCANO CORPORATION STOCKHOLDER LITIGATION.

Court of Chancery of Delaware.

Date Decided: June 30, 2016.


Attorney(s) appearing for the Case

Derrick B. Farrell and James R. Banko , FARUQI & FARUQI LLP, Wilmington, Delaware; Seth D. Rigrodsky , Brian D. Long , Gina M. Serra , and Jeremy J. Riley , RIGRODSKY & LONG, P.A., Wilmington, Delaware; Kent A. Bronson , Roy Shimon , and Christopher Schuyler , MILBERG LLP, New York, New York; Julia J. Sun , LEVI & KORSINSKY LLP, New York, New York; Juan E. Monteverde , FARUQI & FARUQI LLP, New York, New York; Attorneys for Plaintiffs Melvin Lax, Melissa Gordon, and Mohammed Munawar.

William M. Lafferty , D. McKinley Measley , and Richard Li , MORRIS, NICHOLS, ARSHT & TUNNELL LLP, Wilmington, Delaware; Koji Fukumura and Peter Adams , COOLEY LLP, San Diego, California; Attorneys for Defendants Kieran T. Gallahue, Lesley H. Howe, R. Scott Huennekens, Siddhartha Kadia, Alexis V. Lukianov, Ronald A. Matricaria, Leslie V. Norwalk, and Daniel J. Wolterman.

Kevin G. Abrams , J. Peter Shindel, Jr. , and Daniel R. Ciarrocki , ABRAMS & BAYLISS LLP, Wilmington, Delaware; Mitchell A. Lowenthal and Meredith Kotler , CLEARY GOTTLIEB STEEN & HAMILTON LLP, New York, New York; Attorneys for Defendant Goldman, Sachs & Co.

Raymond J. DiCamillo , J. Scott Pritchard , and Rachel E. Horn , RICHARDS, LAYTON & FINGER, P.A., Wilmington, Delaware; Michael H. Steinberg and Edward E. Johnson , SULLIVAN & CROMWELL LLP, Los Angeles, California; Attorneys for Nominal Defendant Volcano Corporation.


OPINION

The plaintiffs in this action are former public stockholders of a company that was acquired for $18 per share in an all-cash merger. Just five months prior, the target company had declined an offer of $24 per share from the same acquiror. After the companies announced the merger, the plaintiffs...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases