Judge Nixed Settlement in Challenge to Xerox, Fujifilm Tie-Up

The following appears on Law.com By Tom McParland – A Manhattan Supreme Court judge has rejected class certification and a proposed settlement in a shareholder lawsuit over Xerox Corp.’s planned tie-up with Japanese multinational photography firm Fujifilm Holdings Corp., saying the deal was unfair to Xerox investors. The proposed settlement, announced last May, came as a win for activist … Continue reading Judge Nixed Settlement in Challenge to Xerox, Fujifilm Tie-Up