Breach of fiduciary duty in related party transaction

A Brattle principal worked on behalf of the plaintiff alleging a breach of fiduciary duty arising from Starz’s sale to Lionsgate. The plaintiff claimed that Starz’s controlling shareholder orchestrated the merger to benefit himself at the expense of a group of stockholders. The Brattle principal submitted reports and testified in deposition on behalf of the stockholders, opining on the value of Starz and the controlling shareholder’s financial incentives. The matter settled favorably for our client with an award of $92.5 million.