Subscribe- Plaintiff
- Pittman, Willie
- Represented By:
- Hanrahan, Michael (Prickett, Jones & Elliott, P.A. (Wilmington))
- Defense
- Moneygram International
- Represented By:
- Jackson, Thomas (Jones Day)
Summary
In this Finance Securities litigation hearing, plaintiff Willie Pittman a minority shareholder claimed that Moneygram International Groups plan of recapitalizing the company through affiliates of Goldman Sachs Group Inc. and Thomas H. Lee Partners LLP will be Grossly Unfair to the common stockholders. The Plaintiffs counsels argued that this will allow the controlling investors of the company to cash out their 29% holding worth $760 of the companys preferred stock while the minority shareholders will suffer voting power and cash value dilution.
The Plaintiff was represented by attorney Michael Hanrahan. The defendant in this case, Moneygram International Group and other defendants were represented by attorney Thomas Jackson.
- Plaintiff
- Defense
- Judge
- Travis Laster
- Jurisdiction
- Delaware Court Of Chancery
- Court
- New Castle County Courthouse
- Case Number
- 6387-VCL
- Industry
- Finance
- Practice Area
- Mergers and Acquisitions, Securities
- Expert Witnesses
- Lay Witnesses
Sessions
AM Session
Other
8 Chapters
Recording Disclaimer: This proceeding was recorded in full.