Quinn, Labaton Nab Class Lead In Epic Dell Stock Swap Suit

Law360, Wilmington (March 18, 2019, 4:52 PM EDT) -- In a Chancery Court decision that at one point evoked Homer, Achilles and hubris, Quinn Emanuel Urquhart & Sullivan LLP and Labaton Sucharow LLP won co-lead counsel spots Monday for a class battle over a Dell Inc. stock reclassification that supposedly shortchanged public investors by billions.

Vice Chancellor J. Travis Laster called the decision close, but termed the Quinn-Labaton team — representing Steamfitters Local 449 Pension Plan and others — a slightly better choice to pursue class claims. Friedman Oster & Tejtel PLLC and Andrews & Springer LLC were named additional counsel for the winning group.

The vice chancellor also noted...

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