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Weil Wins Dismissal for JAB Holdings in Class Action Challenging $14 Billion Acquisition of Keurig Green Mountain

Weil won dismissal of a post-closing challenge to JAB Holdings’ $14 billion acquisition of Keurig Green Mountain, Inc. Plaintiff, suing on behalf of a purported class of Keurig stockholders, alleged that in connection with the transaction, Keurig, its board of directors, and Weil client JAB disseminated a materially false and misleading proxy statement, in violation of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934. Following oral argument, in a 27-page decision, the United States District Court for the District of Vermont granted the defendants’ motions to dismiss, with prejudice.

The Weil team was led by John Neuwirth, Co-Head of Weil’s Securities Litigation group, and included associates Christine T. Di Guglielmo, Amanda K. Pooler, and Andrew E. Blumberg.

Legalese