Class period: June 5, 2017 – July 26, 2017
Recovered: $9 Million
MURPHY, ET AL. V. INMAN, ET AL., CASE NO. 2017-159571-CB (Cir. Ct. Oakland Cnty, MI)
Monteverde & Associates PC, as lead counsel, obtained landmark opion from the Michigan Supreme Court providing direct claims for shareholders to challenge cash out mergers and thereafter recovered $9 million in litigation challenging the acquisition of Covisint by OpenText Corporation.