Block & Leviton was counsel to a stockholder of Surgery Partners, Inc. in this derivative litigation challenging interrelated conflicted transactions between Surgery Partners, its former controlling stockholder, HIG Capital, and its current controlling stockholder, Bain Capital. In December 2018, the Court of Chancery denied, in large part, the Defendants’ motions to dismiss. In February 2022, the Court approved a settlement reached on the eve of the summary judgment hearing which resulted in a $45 million cash recovery.
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