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Sculptor Capital Seeks Del. OK For $6.5M Rithm Merger Boost

Law 360

Sculptor Capital Management Inc. million additional settlement for a Delaware Court of Chancery consolidated class suit challenging the company's nearly $720 million acquisition by Rithm Capital Corp. and stockholders have tentatively reached a $6.5 in November.

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Sculptor Capital Stockholders Blast Board's Del. Suit Exit

Law 360

Claiming an "abrupt double-cross," attorneys for Sculptor Capital Management stockholders have requested an injunction barring a Sculptor founding member group withdrawal from a Delaware Court of Chancery suit challenging the fairness of the company's newly increased, proposed $719.8 million sale to Rithm Capital Corp.