Zoran and its officers and directors defend claims of breach of fiduciary duty in connection with CSR acquisition
Clients Zoran Corporation
Jones Day represented Zoran Corporation and its officers and directors against claims that they had breached fiduciary duties to shareholders in connection with the acquisition of Zoran by CSR plc. As a result of an aggressive defense, the defendants were able to reach a quick and favorable settlement that cleared the way for the deal to be completed with no litigation risk and minimal expense.
In Re Zoran Corporation Shareholders Litigation, C.A. No. 6212-VCP (Del. Ch.)