• Company
  • Description
  • Recovery Amount
  • Digex
  • In re Digex, Inc. Shareholders Litigation

 

Delaware Chancery Court

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.