Simpson Thacher Secures Win for Bumble in Litigation Over Shareholder Voting Structure
September 15, 2023
September 15, 2023
WASHINGTON, Sept. 15 -- Simpson Thacher and Bartlett, a law firm, issued the following news:
Simpson Thacher successfully secured a motion for summary judgement in a case brought against Bumble Inc. ("Bumble"), Whitney Wolfe Herd and Blackstone by Kristyn Colon on behalf of similarly situated Class A shareholders. The Plaintiff challenged the legality of certain stockholder voting right provisions in Bumble's corporate charter. On September 12, 2023, the Court of Chancery . . .
Simpson Thacher successfully secured a motion for summary judgement in a case brought against Bumble Inc. ("Bumble"), Whitney Wolfe Herd and Blackstone by Kristyn Colon on behalf of similarly situated Class A shareholders. The Plaintiff challenged the legality of certain stockholder voting right provisions in Bumble's corporate charter. On September 12, 2023, the Court of Chancery . . .