Shareholder lawsuits: Cost of doing M&A business in US and beyond
This article was originally published in Scrip
Executive Summary
Law firms representing investors in shareholder class action lawsuits announce investigations into potential fiduciary wrongdoing within hours of announcements that publicly-traded companies, such as Astex Pharmaceuticals and Onyx Pharmaceuticals, have been acquired. The filing of a lawsuit is inevitable and the trend may grow beyond US borders.