Cohen Milstein Seeks Lead In Zimmer Biomet PE Cashout Suit
Law360 (August 15, 2019, 4:34 PM EDT) -- Cohen Milstein Sellers & Toll PLLC told the Delaware Chancery Court it is best suited to serve as lead counsel of two derivative actions that claim Zimmer Biomet's stock prices plummeted after the medical device maker's officers hid compliance problems and helped private equity funds cash out to the tune of billions.
In a brief filed with the court Wednesday, Cohen Milstein said it “has the resources and experience necessary to prosecute this litigation vigorously and effectively” and “is among the most experienced and successful firms in complex stockholder litigation nationwide and has obtained numerous large recoveries on behalf of stockholders.”...
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