Chancery Axes Inovalon Investor Suit Over $7.3B Deal

By Leslie A. Pappas · July 31, 2023, 1:41 PM EDT

Delaware's Court of Chancery deemed Inovalon shareholders' arguments alleging conflicts and breaches of fiduciary duty in connection with the cloud-based health care software company's $7.3 billion go-private merger in 2021 "unpersuasive"...

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