Cases & Deals

Special Committee of the Board of Directors of BlueLinx Holdings defends shareholder suits alleging breach of fiduciary duty

Clients BlueLinx Holdings, Inc.

Jones Day represents the Special Committee of the Board of Directors of BlueLinx Holdings, Inc. in ten putative shareholder class actions arising out of a tender offer by Cerberus ABP Investors, LLC to acquire all outstanding shares of BlueLinx stock. The action was voluntarily dismissed after negotiations surrounding the terms of a potential transaction proved unsuccessful.

In re BlueLinx Holdings, Inc. Shareholder Litigation, Civil Action No. 10-1-7435-4 (Ga. Super. Ct.); Stadium Capital Qualified Partners, L.P. v. Cerberus ABP Investor LLC, et al., Case No. 5707 (Del. Ch.); In re BlueLinx Holdings, Inc. Shareholder Litigation, C.A. No. 5720 (Del. Ch.); Ajay Kajaria v. Howard S. Cohen, et al., Case No. 1:10-CV-03141-JOF (N.D. Ga.); Gabriella Centonze v. George Judd, et al., Index No. 651270/2010 (N.Y. Sup. Ct.)

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