Corporate Governance
+ Shareholder Rights

Scott+Scott has a proven track record of success in litigating shareholder derivative, corporate governance, and transactional matters. We have been singularly successful in vindicating shareholder rights and, as a result, are routinely at the forefront in fashioning the standards in this area of law.

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Antitrust + Competition

$2.3 Billion in US settlements for market manipulation


Securities Litigation

Novel investment recovery under The Trust Indenture Act


Consumer Litigation

Data Breach case with $50 Million settlement


Corporate Governance

Record-setting sexual harassment settlement of $310 Million in corporate reforms


Irving Firemen’s Relief and Retirement Fund v. Page (Alphabet, Inc.)
C.A. No. 2019-0355-SG (Del. Ch.)
Shareholder derivative action concerning the Alphabet Board of Directors alleged “pattern of concealment” sexual misconduct and failure to protect customer data, all at the expense of shareholders; $310 million settlement on behalf of Alphabet, Inc. (aka Google) to fund Company-wide diversity initiative, plus enhanced sexual harassment protections and data breach protections

In re Altria Group, Inc. Derivative Litig.
No. 3:20-cv-00772 (DJN) (E.D. Va.)
Shareholder derivative action concerning Altria Group’s investment in Juul Labs, Inc., which engaged in the sale and marketing of vaping products; $117 million settlement to fund anti-youth vaping programs, as well as enhanced transactional oversight

Rudi v. Wexner (L Brands / Victoria’s Secret)
No. 2:20-cv-03068 (S.D. Ohio)
Shareholder derivative action concerning the L Brands Board of Directors’ alleged failures in allowing a culture of sexual harassment to plague the company; $90 million settlement to fund diversity, equity and inclusion initiatives, increased training and oversight of contractors, revamping of sexual harassment and anti-retaliation policies, and elimination or non-enforcement of non-disclosure agreements

Jacob v. Vogel (Microvast, Inc. / Tuscan Holdings Corp.)
C.A. No. 2022-0600-PAF (Del. Ch.)
Pending putative shareholder class action concerning the de-SPAC merger between Microvast, Inc. and Tuscan Holdings Corp., which was purportedly valued at $3 billion

In re Electric Last Mile Solutions, Inc. Stockholder Litig.
C.A. No. 2022-0630-KSJM (Del. Ch.)
Pending putative shareholder class action concerning the de-SPAC merger between Electric Last Mile, Inc. and Forum Merger III Corp., which was purported valued at $1.4 billion

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News + Press

Corporate dark-office-setting L Brands Inks $90M Global Deal For ‘Toxic’ Workplace Suits

L Brands Inks $90M Global Deal For ‘Toxic’ Workplace Suits

Multichain specialty retailer L Brands announced a $90 million corporate governance reform agreement Friday to settle multiple derivative lawsuits seeking damages arising from “toxic” workplace conditions, including sexual harassment.

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Case Study Google Class Action Case Study Google – Record-setting $310 million corporate reform settlement

Google – Record-setting $310 million corporate reform settlement

In a derivative lawsuit settlement with one of the highest dollar values ever, Google parent Alphabet agreed to establish a diversity, equity, and inclusion fund as part of the settlement of the consolidated derivative litigation relating to the Company’s alleged mishandling of sexual harassment allegations against senior executives and overall culture of sexual discrimination and harassment.

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