Professor Sean Griffith was quoted in a Bloomberg article about merger lawsuits.
[S]ubstantially fewer merger lawsuits are being filed today than just two years ago. That change is largely attributable to Frank and those he’s encouraged. “When I was asking myself how I was going to do merger objections, I thought of Ted,” says attorney Sean Griffith. “He’s the fountainhead of this kind of work.” Griffith, who directs Fordham University’s Corporate Law Center, successfully objected to a settlement last year involving the merger of real estate websites Trulia Inc. and Zillow Group Inc. His victory in January 2016 set a precedent in Delaware, the state where plaintiffs’ attorneys in merger cases used to make much of their money. That year the percentage of deals that attracted a lawsuit in Delaware dropped by half, according to a study to be published in the Vanderbilt Law Review.
