Shareholder Class Action

A class action accuses Centennial Communications of self-dealing, failing to account for financial transactions and breach of duty in its Elkhart Cellular subsidiary, in Delaware Chancery Court.

Cougar Technology shareholders say the company is selling itself too cheaply - for $43 a share, or $1 billion - to Johnson & Johnson, and Kite Merger Sub, in Los Angeles Superior Court.

IDM Pharma shareholders say the company is selling itself too cheaply - for $2.64 a share, or $66 million - to Takeda America Holdings and Jake Subsidiary Corp., in Orange County Court, Calif.

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