Occam Merger Plaintiff Seeks Unheard-Of $3M Award

Law360, Wilmington (January 10, 2017, 9:58 PM EST) -- The Delaware Chancery Court trial over whether Herbert Chen, lead plaintiff in the Occam Networks Inc. merger case, should get an unprecedented $3 million incentive award closed Tuesday, with Chen arguing his attorneys tried to “end run around” him and settle the underlying action early.

During the last day of the trial in Wilmington, Chen claimed that if not for his efforts in the case, the attorneys representing the class that challenged Occam’s $200 million tie-up with Calix Inc. as undervalued would have settled the matter...
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