Cases

Digex

G&E initiated litigation alleging that the directors and majority stockholder of Digex, Inc. breached fiduciary duties to the company and its public shareholders by permitting the majority shareholder to usurp a corporate opportunity that belonged to Digex. G&E’s efforts in this litigation resulted in an unprecedented settlement valued at $420 million, the largest settlement in the history of the Delaware Chancery Court.

Company
Digex
Case Name
In re Digex, Inc. Shareholders Litigation
Settlement
$420 Million
Court
Delaware Chancery Court

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