REPRESENTATIVE CASES

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