SECURITIES AND SHAREHOLDER RIGHTS CLASS ACTION LITIGATION
Corporate takeovers are once more on the rise in the wake of the financial crisis of 2008, and the problems connected to corporate takeovers during the merger madness of the past decade are occurring yet again. Officers and directors commonly breach their fiduciary duties by engaging in conduct that benefits a few at the expense of many. Shareholders can often find themselves forced to accept an under-valued offer due to the failure of directors and management to get the highest possible sales price for their shareholders. As class and liaison counsel, the firm has successfully prosecuted and settled numerous shareholder rights actions resulting in implementation of strong corporate governance and oversight provisions, the appointment of additional independent directors and increases in the price-per-share paid to shareholders.
Stanley Law Group is also an experienced leader in class action litigation arising from federal securities laws, including the Private Securities Law Reform Act of 1995. Investors often suffer losses when publicly-traded companies and their officers and directors mislead the market about the truth of their financial condition and business prospects. The firm has served as co-lead or liaison counsel in a number of significant securities class action cases for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and SEC Rule 10b-5 resulting in substantial recoveries for shareholders.