Delaware – Current Cases
In re Wilmington Trust Securities Litig.
Jurisdiction: D. Del.
City: Wilmington
Case Status: Pending
C&T is liaison counsel in this ongoing securities class action on behalf of investors alleging that Wilmington Trust concealed the drastic deterioration of its loan portfolio and improperly accounted for the value of its loans, and issued untrue statements in connection with the Company’s February 23, 2010 public equity offering.
In re Sanchez Energy Derivative Litig.
Jurisdiction: Del. Ch.
City: Georgetown
Case Status: Pending
C&T is co-lead counsel in this ongoing derivative class action alleging wrongdoing by the Sanchez Energy directors for causing the Company to acquire an interest in the Tuscaloosa Marine Shale from Sanchez Resources LLC, an entity affiliated with Sanchez Energy’s CEO and Executive Chairman at a grossly excessive price and at the expense of Sanchez Energy.