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Cybersecurity Firm CEO Says Merger Suit Lacks Facts

Law360 (July 12, 2018, 10:44 PM EDT) -- An attorney for the CEO of cybersecurity technology firm Trustwave Holdings Inc. told a Delaware Chancery Court judge Thursday that a minority investor suit over the company’s $810 million merger did not include facts that support their claim that the executive exerted control over the company to push through the deal.

During a hearing in Wilmington, S. Mark Hurd of Morris Nichols Arsht & Tunnell LLP told the court the allegations that CEO Robert McCullen breached his fiduciary duty of loyalty lodged in the potential class...
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