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IN RE PHC, INC. SHAREHOLDER LITIGATION

Nos. 17-1821, 17-1904.

894 F.3d 419 (2018)

IN RE: PHC, INC. SHAREHOLDER LITIGATION. Maz Partners LP, on behalf of itself and all others similarly situated, Plaintiff, Appellee/Cross-Appellant, v. Bruce A. Shear, Defendant, Appellant/Cross-Appellee.

United States Court of Appeals, First Circuit.

July 2, 2018.

Attorney(s) appearing for the Case

James H. Hulme , with whom Matthew Wright , Nadia A. Patel , Arent Fox LLP, Washington, DC, Richard M. Zielinski , Boston, MA, Leonard H. Freiman , and Goulston & Storrs, were on brief, for defendant.

Chet B. Waldman , with whom Jeffrey W. Chambers , Patricia I. Avery , Adam J. Blander , Wolf Popper LLP, New York, NY, Norman Berman , Nathaniel L. Orenstein , and Berman Tabacco, Boston, MA, were on brief, for plaintiff.

Before Torruella, Selya and Lynch, Circuit Judges.

The briefs in this case read like a law school examination covering a curriculum that ranges from corporate law to the law of equitable remedies. The questions presented are intricate, entangled, and in some instances novel. The most important of them implicate Massachusetts law and include whether a non-majority shareholder...

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