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Columbia Pipeline Group $79M Merger Settlement
How it works?
- Company agreed to pay compensation to its investors, to avoid further litigation
- We help you to prepare documents and file for compensation
Claim payout
Delaware court of Chancery
Court2018-0484-JTL
Case number06 Jul 2015
Class period Start01 Jul 2016
Class period End01 Jun 2025
Claim deadlineRobert C. Skaggs, Jr. and Stephen P. Smith settle $79 million with investors in Columbia Pipeline Group, Inc. Merger Litigation.
All public stockholders of Columbia Pipeline Group, Inc. at any time from July 6, 2015, through and including July 1, 2016, including any and all of their respective successors-in-interest, successors, predecessors-in-interest, predecessors, assigns, and transferees, may be entitled to a payout.
Alleged Offence
Breach of Fiduciary duty
Suspected Party
Directors,
Management,
Shareholder
Security Type
Stocks
Trade Direction
Long
Filing date
03 July 2018
Lead plaintiff
Public Employees’ Retirement System of Mississippi, Police & Fire Retirement System of the City of Detroit
Attorney
Bernstein Litowitz Berger & Grossmann, Labaton Sucharow
Defendants
Robert C. Skaggs, Jr., Stephen P. Smith
Administrator
A.B. Data Ltd
Court hearing date
01 June 2022
Exclusion deadline
01 July 2016
Objection deadline
01 July 2016
+$79,000,000
Total Settlement Amount