Corporate Governance and Shareholder Litigation
Bondurant represents plaintiffs and defendants in high-stakes corporate governance and shareholder disputes, including minority and majority shareholders, directors and officers, partners, and LLC members and managers. We have litigated some of Georgia’s most significant cases, bringing extensive experience to disputes over corporate control and buyouts. We also have broad experience in shareholder class actions and litigation under federal securities laws. Our record includes representing shareholders suing publicly traded corporations for securities fraud and defending financial institution officers in a five-year battle that avoided over $1 billion in potential liability.
In addition, we advise boards and management teams on governance and risk mitigation. Our lawyers have defended claims involving fraudulent transfers, FCPA violations, stock price manipulation, stock compensation, and governance oversight. Bondurant attorneys chaired the committee that created Georgia’s Business Court, a dedicated forum for resolving high-stakes disputes, and are regularly called upon to try cases and lead judicial education programs.
Representative Work
Represented a shareholder class that achieved a $149 million cash settlement relating to a corporation’s data breach.
Represented a shareholder class that obtained a $50 million cash settlement relating to the artificial inflation of stock prices arising from the defendant’s misrepresentations about the source of its revenue.
Won a $454 million jury verdict in a breach of fiduciary duty action against Time Warner Entertainment.
Successfully blocked a large multinational company from seizing control of an LLC’s governance prior to completion of buyout of client’s interest; obtained arbitration order requiring buyout on terms favorable to client.
Engaged by a plan administrator for a creditor trust in bankruptcy to pursue breach of fiduciary duty claims against former directors of a publicly traded corporation in connection with a merger transaction.
Defended directors and officers of a publicly traded financial services company against bondholder claims challenging dividend payments as fraudulent transfers.
Advised former directors and officers of a health sciences company in a shareholder class action involving allegations of concealed anticompetitive practices and regulatory scrutiny.
Defended a securities class action for a publicly traded company and several executives accused of concealing Foreign Corrupt Practices Act violations.
Served as counsel to a special litigation committee investigating and resolving derivative claims brought by public company shareholders.
Litigated stock compensation claims at trial on behalf of a privately held company against a former officer.
Defended financial institution directors and officers in multiple securities class actions and cross-border lawsuits brought by insurance regulators.
Represented one of the largest real estate developers in the United States in the withdrawal of a major regional partner from multiple partnerships, including successfully coordinating and concluding simultaneous litigation in multiple forums.
