Fairmount Santrol successfully defends litigation seeking to halt merger
Clients Fairmount Santrol Holdings Inc.
Jones Day successfully defended securities class actions brought against Fairmount Santrol Holdings, Inc. and its directors, seeking to halt the merger transactions that created Covia Holdings, Inc. The plaintiffs withdrew their motion for an injunction to halt the deal in the face of Jones Day's opposition, and the transaction was closed on schedule and with no changes to the deal terms.
Jennings v. Fairmount Santrol Holdings, Inc. et al., No. 1-18-cv-00931 (N.D. Ohio)