Delaware – Current Cases

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Chester County Retirement System v. Joshua L. Collins, et. al.

Jurisdiction: Del. Ch.

City: Wilmington

Case Status: Pending

This class action filed by C&T challenges the sale process and price of Blount to a financial buyout group, the terms of the Merger Agreement, and the disclosure of information to Blount’s unaffiliated stockholders voting to approve the sale or seeking appraisal.

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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.

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 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.