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Tuesday, April 16, 2024 | 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.

Categories / Business, Securities

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