Law360, New York (July 17, 2009) -- SumTotal Systems Inc. has settled a breach of fiduciary duty shareholder lawsuit over a merger agreement that subsequently was terminated in favor of a better offer, the California e-learning company told securities regulators.
The company entered into a memorandum of understanding with plaintiff Lief Irgens in the Superior Court of Santa Clara County, Calif., it told the U.S. Securities and Exchange Commission on...
