Cases & Deals

Lam Research defends claims of aiding and abetting breach of fiduciary duty in connection with acquisition of Novellus Systems

Client(s) Lam Research Corporation

Jones Day represented Lam Research Corporation in the defense of state and federal court complaints claiming that it aided and abetted alleged breaches of fiduciary duty by the directors of Novellus Systems, Inc. in connection with Lam Research's $3.3 billion acquisition of Novellus.

In re Novellus Systems, Inc. Shareholder Litigation, Lead Case No. 1-11-CV-215076 (Super. Ct. Santa Clara Cty., Cal.); Nagpal v. Novellus Systems, Inc., Case No. CV 12-00126-PSG (N.D. Cal)