Cases & Deals

Nationwide Mutual Insurance resolves shareholder class action alleging breach of fiduciary duty from buy-out

Client(s) Nationwide Mutual Insurance Company

Jones Day represented the majority shareholder and Chief Executive Officer of Nationwide Mutual Insurance Company in shareholder class actions in Ohio (federal and state) and Delaware courts charging breach of fiduciary duty arising from a buy-out of minority publicly held shares.

In re Nationwide Financial Services Litigation, CA. No. 2: 08CV249 (S.D. Ohio); In Re Nationwide Financial Services, Inc., Consolidated Shareholders Litigation, CA No. 3690-VCN (Del. Ch.)