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MAZ PARTNERS LP v. SHEAR

Civil Action No. 11-11049-PBS.

204 F.Supp.3d 365 (2016)

MAZ PARTNERS LP, Individually and on Behalf of Others Similarly Situated, Plaintiff, v. Bruce SHEAR, et al., Defendants.

United States District Court, D. Massachusetts.

Signed September 1, 2016.

Editors Note
Applicable Law: 28 U.S.C. § 1332
Cause: 28 U.S.C. § 1332 Diversity - Stockholders Suits
Nature of Suit: 160 Stockholders Suits
Source: PACER

Attorney(s) appearing for the Case

Chet B. Waldman, Wolf Popper Wolf Ross & Jones, New York, NY, Nathaniel L. Orenstein, Norman Berman, Berman Devalerio Pease Tabacco Burt & Pucillo, Boston, MA, for Plaintiff.

James H. Hulme, Matthew M. Wright, Arent Fox, LLP, Washington, DC, Leonard H. Freiman, Richard M. Zielinski, Goulston & Storrs, PC, Boston, MA, Douglas S. Curran, Whitney L. Becker, Kirkland & Ellis LLP, Chicago, IL, for Defendants.

MEMORANDUM AND ORDER

INTRODUCTION

In this class action, the plaintiff, MAZ Partners LP (MAZ), alleges in Count I of its second amended complaint that the directors of PHC, Inc. (PHC), breached their fiduciary duty by approving inadequate compensation for Class A shareholders...

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