Client Alert

Plx Likely Stands On Its Own, But Has Room To Grow

November 26, 2019

By Barry A. Brooks, Jordan L. Goldman, Joseph P. DiCarlo & Matthew R. Schob

Given a recent court ruling in Delaware, activist investors should be mindful to ensure that pursuit of their investment agendas do not cause boards, obviously including activist investors themselves, to breach fiduciary duties to shareholders. Often, activist investors push incumbent boards and management towards the boundaries of their fiduciary duties.

This article originally appeared in Lexology.

Special thanks to Matthew Schob, past Paul Hastings summer associate for his contribution to this article.

Click here for a PDF of the full text

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Image: Jordan L. Goldman
Jordan L. Goldman

Associate, Corporate Department

Image: Barry A. Brooks
Barry A. Brooks

Partner, Corporate Department

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