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Water Island Event-Driven Fund v. MaxLinear, Inc. et al
Case Number:
3:23-cv-01607
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Cole Schotz
- Duckor Metzger
- Entwistle & Cappucci
- Morrison & Foerster
- Robbins Geller
- Rolnick Kramer
- Sawyer & Labar
- Saxena White
- Weil Gotshal
Companies
Sectors & Industries:
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July 15, 2025
MaxLinear, Silicon Motion Beat Suit Over Failed $3.8B Merger
A California federal judge on Tuesday threw out a proposed class action that accused semiconductor company MaxLinear and chipmaker Silicon Motion of misleading investors about a $3.8 billion merger that fell through, saying Silicon Motion shareholders couldn't sue MaxLinear or prove that Silicon Motion knew about an alleged breach of the merger agreement.
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August 30, 2024
Semiconductor Co. Beats Investor Suit Over Failed $8B Merger
A California federal judge has dismissed a proposed investor class action filed over semiconductor company MaxLinear Inc.'s decision to cancel a planned $8 billion merger with Silicon Motion Technology Corp., finding investors' claims against the former can't stand because they held shares in the latter.