id: 603, Created by Stan Vick, Scout
Time Warner-Charter Deal $87.5M Derivative Shareholder Settlement
How it works?
- Company agreed to settle with investors to avoid further litigation
- We prepare documents and claim payout for you
Delaware court of ChanceryCourt
26 May 2015Class period Start
18 Apr 2023Class period End
- Settlement of $87.5 million reached to end a stockholder derivative challenge that has been ongoing for almost eight years.
- The settlement is about the 2015 merger between Charter Communications and Time Warner Cable, which was valued at $55 billion.
Failure to Disclose,
Breach of Fiduciary duty,
21 August 2015
Matthew Sciabacucchi , Hialeah Employees’ Retirement System
Bernstein Litowitz Berger & Grossmann LLP, Block & Leviton LLP, Heyman Enerio Gattuso & Hirzel LLP.
John Malone, Gregory Maffei, Michael Huseby, Balan Nair, Eric Zinterhofer, Craig Jacobson, Thomas Rutledge, David Merritt, Lance Conn, John Markley
Settlement agreement date
Court hearing date
22 June 2023
Trades matching type
+$87,500,000Total Settlement Amount