AMC Entertainment Holdings, Inc.

Lao v. Dalian Wanda Group Co. Ltd., C.A. No. 2019-0303-JRS (Del. Ch.)

Stock ticker:
AMC

Block & Leviton represents a public stockholder of AMC Entertainment Holdings, Inc., in this litigation challenging a conflicted, related-party transaction in which the Company spent $421 million to repurchase shares from its controlling stockholder, Dalian Wanda Group, at a premium to the unaffected volume-weighted average price. The parties have agreed to a $17.375 million settlement that is pending final approval by the Court.


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