Media Contact:
Alexandra Mullane
Marketing & Communications Coordinator
Phone: 212.701.3967
Fax: 212.378.2410
amullane@cahill.com

Firm News

Cahill Successfully Resolves Shareholder Litigation Involving Patriot National Inc. and Its Officers and Directors

Date: 07/22/19

A Cahill litigation team, lead by partners Brad Bondi and Jason Hall and counsel Peter Linken, successfully reached a preliminary settlement for its officer and director clients in a shareholder suit in which investors accused Patriot National Inc. and certain officers and directors of failing to consider a $475,000,000 takeover offer from insurance software maker Ebix Inc. U.S. District Judge Edgardo Ramos granted preliminary approval for the settlement. The case is In re: Patriot National Inc. Securities Litigation, case number 1:17-cv-01866, in the U.S. District Court for the Southern District of New York.

Media Contact:
Alexandra Mullane
Marketing & Communications Coordinator
Phone: 212.701.3967
Fax: 212.378.2410
amullane@cahill.com