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Gibson Dunn Offers 2022 Year-End Securities Litigation Update

Reynolds Holding

This figure is significantly lower than in 2016, when the Delaware Court of Chancery effectively put an end to the practice of disclosure-only settlements in In re Trulia Inc. 2016), which helped drive the increase in merger-objection filings between 2015 and 2017. 38 million is also the highest average settlement value since 2016.