Compass Sued by Anywhere Shareholder Over ‘Backchannel’ Merger Approval

Compass and multiple top executives are facing a class-action lawsuit from an Anywhere stockholder focused on the merger between the two companies, with the plaintiff claiming that back-channel efforts to get the deal approved created risk for the company and misled investors. Filed late last week in federal court in New York City, the lawsuit…

The post Compass Sued by Anywhere Shareholder Over ‘Backchannel’ Merger Approval appeared first on RISMedia.

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