Chancery Denies Legal Fee Recovery For ServiceMesh Buyer

By Jeff Montgomery (May 21, 2019, 8:27 PM EDT) -- The Delaware Chancery Court on Tuesday shot down a cloud platform company's bid to make equity holders of an acquired company pay part of an $18 million-and-rising legal bill for its ex-CEO, who was accused of orchestrating a fraudulent, $98 million postmerger earnings bonus in 2014....

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