Renesas Sued In Chancery Over $315M Merger Payments

Law360 recently featured the lawsuit brought in the Delaware Court of Chancery by Shareholder Representative Services LLC (“SRS”), on behalf of former shareholders of Celeno Communications Inc. (“Celeno”), to recover milestone payments related to the acquisition of Celeno by Renesas Electronics Corporation in December 2021.  Bergeson LLP (Lloyd Winawer, John Pernick, and Susan Bower) represents SRS.  You can click here to read the full article.