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Laborers' Local #231 Pension Fund v. Cowan et al

  1. March 19, 2020

    Lionbridge, HIG Get Win In Investors' $360M Merger Suit

    A Delaware federal judge on Thursday granted a judgment in favor of Lionbridge Technologies and HIG Capital in a class action accusing them of shortchanging investors in a nearly $360 million go-private deal, finding a proxy statement seeking approval of the deal did not contain alleged omissions.

  2. October 05, 2018

    Lionbridge Investors Get Cert. In Revived $360M Merger Suit

    A Delaware federal judge on Friday certified a class of Lionbridge Technologies Inc. investors who claim the globalization specialist shortchanged them by signing off on last year's nearly $360 million go-private deal with HIG Capital, marking the latest step forward for the class action that was dismissed and revived earlier this year.

  3. March 13, 2018

    Lionbridge, HIG Defeat $360M Misleading Merger Claims

    Globalization specialist Lionbridge Technologies Inc. on Tuesday dodged claims that it misled shareholders into signing off on last year's nearly $360 million go-private deal with HIG Capital, after a Delaware federal court found the information provided to shareholders ahead of the deal was all above board.

  4. May 01, 2017

    Lionbridge Investors Sue Over $360M HIG Buyout

    Shareholders of globalization specialist Lionbridge Technologies Inc. have filed suit in Delaware federal court over private equity firm HIG Capital's nearly $360 million buyout, alleging management misled investors about the company's prospects.