Monteverde Attys Net $5.8M In Deal Ending Envision Sale Suit

Law360 (February 16, 2021, 7:33 PM EST) -- Monteverde & Associates attorneys won a $5.8 million fee award Tuesday for representation of stockholders in a $17.4 million settlement resolving claims that Envision Healthcare Corp. executives undervalued the company ahead of its $9.9 billion sale to private equity firm KKR & Co. LP.

U.S. District Judge Richard G. Andrews granted final approval Tuesday in Delaware federal court to the $17.4 million deal between Envision and its stockholders and awarded Monteverde & Associates PC $5.8 million in attorney fees and $25,900 in expenses.

"The significant cash settlement — rare in federal securities merger cases — is a great result for shareholders,"...

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