Cases
In re Third Avenue Trust Shareholder and Derivative Litigation
Corporate Governance / Derivative
Overview
Overview
- Date:
- 9/4/2020
- Case Caption:
- In re Third Avenue Trust Shareholder & Derivative Litigation, Case No. 12184
- Status:
- Settled
- Settlement Status:
- Settled
- Court:
- Court of Chancery of the State of Delaware
Bragar Eagel & Squire, P.C., represented a shareholder of the Third Avenue Trust prosecuting derivative claims on behalf the Third Avenue Focused Credit Fund, a closed-end mutual fund that collapsed.
The litigation resulted in a $25 million settlement for the Trust.
The litigation resulted in a $25 million settlement for the Trust.