Tuesday, August 9, 2022 | Back issues
Courthouse News Service Courthouse News Service

Shareholder Class Action

A federal class action claims directors of LogMeIn breached their duty to shareholders by issuing a false and misleading proxy statement about its merger with nonparties Francisco Partners and Evergreen Coast Capital Corp., for $86.05 a share or $1.8 billion.

WILMINGTON, Del. — A federal class action claims directors of LogMeIn breached their duty to shareholders by issuing a false and misleading proxy statement about its merger with nonparties Francisco Partners and Evergreen Coast Capital Corp., for $86.05 a share or $1.8 billion.

Read the Top 8

Sign up for the Top 8, a roundup of the day's top stories delivered directly to your inbox Monday through Friday.

Loading
Loading...