Judge Flags Lead Plaintiff Issues In McDermott Merger Suit
By José Luis Martínez ( April 27, 2026, 10:52 PM EDT) -- A Texas federal judge Monday questioned whether a shareholder group is too large and whether a late-buying individual investor could represent a subclass of investors in a suit accusing energy industry engineering giant McDermott International Inc. of misleading investors during its $6 billion merger with Chicago Bridge & Iron Co. NV in 2018....
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