Mergers & Takeovers

(Davidson County 6th Cir. Ct., Tenn.) (Co-Lead Counsel) ($57 million recovery). Mr. Miles served as Co-Lead Counsel and along with his other Lead Counsel participated in all aspects of the case eventually securing a recovery of up to $57 million in cash for former Dollar General Shareholders on the eve of trial.

(Davidson County Ch. Ct., Tenn.) (Lyle, C.) (Co-Lead Counsel) (settlement which included a modification to the Merger Agreement to provide for a $280 million reduction in termination fee, supplemental material disclosures to shareholders including material information with respect to the true value of the company, and significant improvements to...

(Cir. Ct., Blount Cty., Equity Div., Tenn.) (Young, C.). Mr. Miles served as Co-Lead Counsel in this action brought on behalf of shareholders of Clayton Homes alleging breaches of fiduciary duties against the company’s board of directors in connection with the sale of the company to Berkshire Hathaway. The case resulted in $5 million settlement...

(Williamson County Ch. Ct., Tenn.) (Martin, C) (Co-Lead Counsel). Mr. Miles served as Co-Lead Counsel in this action brought on behalf of shareholders of HealthSpring, Inc. alleging breaches of fiduciary duties against the company’s board of directors, among others, in connection with the sale of the company to Cigna Corporation. The case...

 (Davidson County Ch. Ct., Tenn) (Perkins, C.) Mr. Miles serves as Co-Lead Counsel in this action brought on behalf of shareholders of Vanguard Health Systems, alleging breaches of fiduciary duties against the company’s board of directors, among others, in connection with the sale of the company to Tenet Healthcare Corporation. The case...

(Chancery Ct., Knox Cty., Tenn.) (Fansler, C.) (Lead Counsel). Mr. Miles served as Lead Counsel in the corporate takeover litigation which resulted in a settlement that provided shareholders with an additional $57 million recovery.