The Legal 500 Recognizes Randall J. Baron as a “Leading Lawyer” and Robbins Geller as Top-Tier Plaintiffs’ Firm
The Legal 500 named Randall J. Baron as a “Leading Lawyer” and Robbins Geller as one of the top-tier plaintiffs’ firms in mergers, acquisitions and buyouts litigation.
Robbins Geller is well known for its representation of shareholders in corporate takeover litigation, regularly prosecuting M&A cases, post-merger, to maximize the benefit for the shareholder class. Baron is a former prosecutor and specializes in challenges to M&A transactions, and has been responsible for obtaining hundreds of millions of dollars in additional consideration for shareholders.
For more than a decade, Baron has led a team that has been instrumental in shaping the legal landscape underlying breach of fiduciary duty jurisprudence in the context of M&A transactions. Baron’s specialty is helping shortchanged shareholders recover hundreds of millions of dollars lost after their boards led them into misguided and lowball takeovers.
Most recently, Baron won national praise for the results he obtained in litigation over the buyout of Rural/Metro Corporation and the role of Royal Bank of Canada’s investment bank (“RBC”). In a case where Baron and co-counsel took over control of the action after objecting to a prior lead counsel’s proposed non-monetary settlement, Baron and co-counsel prevailed at trial. The result, in addition to providing potentially hundreds of millions of dollars to former Rural/Metro shareholders, was the first case in a post-trial ruling to establish aider and abettor liability for financial advisors to boards of directors in connection with a merger. The groundbreaking opinion cited a previous case in which Baron also served as lead counsel, In re Del Monte Foods Co. S’holders Litig., 25 A.3d 813 (Del. Ch. 2011), a case that also changed Wall Street practices and provided one of the largest recoveries ever for shareholders in Delaware.
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