October 30, 2014
Activist investor Cartica Management LLC on Wednesday sent its shareholder challenge to CorpBanca SA and Itau Unibanco Holding SA's proposed $3.7 billion merger to the Second Circuit, appealing the suit's September dismissal in a ruling that found only purchasers or sellers can attempt such injunctions.
September 26, 2014
A New York federal judge has dismissed a shareholder challenge to CorpBanca SA and Itau Unibanco Holding SA's proposed $3.7 billion merger, ruling that only purchasers or sellers can attempt such injunctions — a question the judge said many appeals courts have declined to touch.
August 04, 2014
A New York federal judge on Friday denied activist investor Cartica Management LLC's request to temporarily lift a stay of discovery in its securities fraud suit challenging CorpBanca SA’s proposed $3.7 billion merger with Latin American bank Itau Unibanco Holding SA.
July 11, 2014
Brazilian bank Itau Unibanco Holding SA told a New York federal court on Thursday that an activist investor's suit to block its $3.7 billion proposed merger with Chilean bank CorpBanca SA is wasting the court's time and should be tossed.
July 07, 2014
A New York district judge on Monday approved the voluntary dismissal of nine individual director defendants from an investor suit seeking to block Chilean bank CorpBanca SA's $3.7 billion proposed merger with Latin American bank Itau Unibanco Holding SA.
June 25, 2014
Chilean bank CorpBanca SA on Tuesday asked a New York federal court to toss U.S. activist investor Cartica Management LLC's suit seeking to block its $3.7 billion proposed merger with Latin American bank Itau Unibanco Holding SA, slamming Cartica's allegations as frivolous and self-serving.
June 13, 2014
Chilean bank CorpBanca SA on Friday fired back at U.S. activist investor Cartica Management LLC's New York federal suit seeking to block its $3.7 billion proposed merger with Latin American bank Itau Unibanco Holding SA, saying Cartica is looking for a payoff by challenging the deal.
June 12, 2014
U.S.-based activist investor Cartica Management LLC on Thursday added Latin American bank Itau Unibanco Holding SA to the list of defendants in a suit in New York federal court seeking to stop the reportedly $3.7 billion merger of Itau and Chilean bank CorpBanca SA.