Law 360

NOVEMBER 20, 2023

New cases involved Walt Disney, Real Life, Zendesk and animal health company Covetrus Inc. Lawsuits that went nowhere got pretty expensive in Delaware's Court of Chancery last week, which saw the award of a multimillion-dollar "mootness" fee and a settlement of litigation that closed a $720 million deal.

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Law 360

SEPTEMBER 12, 2022

Light Street Capital Management LLC released a letter Monday to the Zendesk Inc. board of directors expressing "extreme disappointment" at its recapitalization proposal being rebuffed, continuing the investor's attempt to lure the software company away from a $10.2 billion go-private deal it has already entered.

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Law 360

SEPTEMBER 1, 2022

Zendesk Inc. billion go-private deal the company already agreed to with a consortium led by private equity firms Hellman & Friedman and Permira Advisers. announced Thursday that after evaluating a recapitalization proposal from 2% shareholder Light Street Capital, it concluded the proposal was not superior to a $10.2

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Law 360

MARCH 3, 2022

Zendesk Inc. investors have not adequately alleged that the software company committed securities fraud by misleading them about the state of its cybersecurity before announcing a data breach in September 2019, the Ninth Circuit has found.

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