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New Relic Shareholder Sues To Force Open Corp. Books

Law 360

has sued in Delaware's Court of Chancery for corporate records related to the company's $6.5 billion, $87-per-share buyout by private equity firms Francisco Partners and TPG, the latest in a string of shareholder suits seeking records on the deal. Another shareholder of web analytics firm New Relic Inc.

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Paradigm, Parent to Three Practice Management Platforms, Acquired By Francisco Partners

LawSites

Paradigm — the parent company to practice management platforms PracticePanther , Bill4Time and MerusCase and payments platform Headnote — is being acquired by Francisco Partners , a major investment firm that specializes in investments in technology businesses. CEO Soumya Nettimi. Financial terms were not disclosed.

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New Relic Stockholders Sue In Del. For Docs On $6.5B Sale

Law 360

hit the company with a second Delaware Court of Chancery suit Tuesday demanding company books and records for a probe of its purportedly conflicted, $6.5 billion take-private sale to Francisco Partners and TPG Global LLC. Stockholders of digital infrastructure venture New Relic Inc.

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SEC Accuses Duo Of Insider Trading On $3.4B Verifone Sale

Law 360

Securities and Exchange Commission filed a lawsuit in New York federal court this week accusing a former consultant of private equity firm Francisco Partners of tipping off his friend about the company's planned $3.4 billion purchase of Verifone Systems Inc.

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Everlaw Becomes Legal Tech’s Latest Unicorn, with $202M Raise at $2B Valuation

LawSites

E-discovery company Everlaw today became one of the few legal technology companies to join the elite ranks of unicorn status — companies valued at over $1 billion — with the announcement of a $202 million Series D funding at a valuation of over $2 billion. Listen: LawNext Episode 33: AJ Shankar, Founder and CEO of Everlaw. .

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Ironclad Raises $150M At $3.2B Valuation

LawSites

It was barely more than a year ago that Ironclad raised a $100 million Series D round at a valuation of nearly $1 billion, and now the San Francisco-based company has raised a $150 million Series E at a $3.2 billion valuation. ” Related: LawNext: Legal Ops Pioneer Mary Shen O’Carroll On Moving From Google To Ironclad. .

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With Mission to Level the Playing Field in PI Cases through Generative AI, EvenUp Raises $50.5M Series B and Launches AI Legal Assistant

LawSites

EvenUp , a company that uses AI to turn medical documents and case files into demand packages for personal injury lawyers, has raised $50.5 EvenUp , a company that uses AI to turn medical documents and case files into demand packages for personal injury lawyers, has raised $50.5