March 06, 2017
The lawyer for one of Pennsylvania's largest private equity firms told a Pennsylvania federal jury Monday that the former owner of a North Carolina network infrastructure company hid the dire financial health of his company in order to induce a $15 million investment in 2013.
March 03, 2017
The minority owners of a network infrastructure company reached a settlement Friday of a federal lawsuit brought by one of Pennsylvania's largest private equity firms over the owners' alleged misrepresentation of their asset's value, a week after an earlier agreement was aborted.
February 24, 2017
A potential settlement that would have released the minority owners of a network infrastructure company from a lawsuit brought by one of Pennsylvania's largest private equity firms alleging they misrepresented the value of their asset collapsed Friday, after a federal trial had been postponed because of the pending agreement.
November 17, 2016
The minority owners of a network infrastructure company involved in a dispute over a private equity buyout asked a Pennsylvania federal judge not to rule against them on their cross-claims against the company, arguing Thursday that they were induced into signing certain agreements.
January 06, 2016
The minority owners of a network infrastructure company involved in a dispute over a private equity buyout asked a Pennsylvania federal court on Tuesday not to impose financial sanctions on them for failure to provide documents by a court-ordered deadline, blaming their slow response on a previous attorney.
June 03, 2015
Pepper Hamilton LLP will keep representing Utilipath LLC in litigation involving the utility construction company's minority owners and a $15.75 million buyout by a private equity firm, after a Pennsylvania federal judge on Wednesday shot down an effort to disqualify the attorneys.
January 20, 2015
Minority owners of a fiber optics business who are being sued in Pennsylvania federal court by the private equity firm that acquired it said Tuesday that they are seeing their share bleed as a result of the company's representation by Pepper Hamilton LLP, which has previously represented the acquiring firm.