Delaware Vice Chancellor Awards Attorney Fees, Costs In Securities Suit

Delaware Vice Chancellor Awards Attorney Fees, Costs In Securities Suit

WILMINGTON, Del. - A Delaware Chancery Court vice chancellor on Oct. 1 awarded a shareholder in a securities lawsuit regarding a merger deal between two perfume companies more than $266,000 in attorney fees and costs, ruling that the shareholder is entitled to only two-thirds of the amount sought (Jose Dias v. Frederick E. Purches, et al.,  No. 7199, Del. Chanc.).

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