Emulex Corporation, et al., Petitioners v. Gary Varjabedian, et al.

  1. January 04, 2019

    Supreme Court Will Review Negligence Standard In M&A Suit

    The U.S. Supreme Court agreed Friday to hear Emulex Corp.'s challenge to a Ninth Circuit finding that investors must show the company was merely being negligent rather than intentionally engaging in wrongdoing when it allegedly misled shareholders about a merger offer.