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TOP NEWS
SwervePay Sellers Awarded $120M In Merger Fraud Suit
By Rae Ann Varona
The Delaware Chancery Court on Friday awarded more than $120 million to sellers of former e-payment facilitator SwervePay who claimed buyers duped them into a merger by overstating payment volumes by the tens of billions, saying the buyers' intent to induce the sellers into the fraudulent transaction was "plain as day."
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POLICY & REGULATION
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Roundup
GC Cheat Sheet: The Hottest Corporate News Of The Week
By Michele Gorman
There has been a wave of cases alleging employers and their insurance brokers violated the Employee Retirement Income Security Act, and experts say this marks an increasing litigation trend. In the meantime, the American Bar Association is eyeing the elimination of the first of multiple diversity-related law school standards. These are among the stories in corporate legal news you may have missed in the past week.
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