AMC Entertainment Holdings, Inc.

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

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. After the action was filed, AMC’s board formed a special committee to investigate Plaintiff’s allegations. The action is currently stayed while the committee completes its investigation.

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