Kaskela Law represents current and former shareholders of publicly traded corporations in securities fraud class actions, shareholder derivative actions, and merger & acquisition litigation. The firm exclusively litigates cases on behalf of investors on a contingency basis – advancing all costs and fees until the successful completion of a case.
Kaskela Law prioritizes the maximum recovery of monetary losses for defrauded investors and seeks to drive corporate governance reform at publicly traded corporations. Our nationwide practice is combined with an individualized approach for our clients.
Securities Class Action Litigation
In securities fraud class action litigation, investors injured as a result of wrongful conduct by corporate executives – including the dissemination of false and misleading statements to the investing public – can seek to recover their investment losses. In addition to recouping investor losses, securities fraud litigation also can produce significant corporate governance reforms designed to deter and reduce repeated misconduct by corporate executives.
Shareholder Derivative Litigation
A shareholder derivative lawsuit is brought by a current shareholder of a corporation, on behalf of the injured corporation, to enforce legal claims belonging to the corporation. This type of litigation usually involves claims of corporate mismanagement, waste of corporate assets, or self-dealing, and are often asserted against the executive officers and/or directors of the injured corporation. Shareholder derivative litigation is necessary because the injured corporation’s officers and directors will often refuse to pursue such claims against the corporation’s other officers and/or directors, thereby leaving the corporate wrongdoing unaddressed absent stockholder intervention.
Merger & Acquisition Litigation
In this type of litigation, shareholders can assert legal claims against the officers and directors of a corporation if the corporate fiduciaries violated their fiduciary duties in connection with a corporate transaction, including a sale of the corporation. The goals of this type of litigation can be to increase the consideration received by shareholders, to compel the disclosure of important facts to assist investors in deciding whether to approve a proposed corporate transaction, and to improve the proposed transaction’s terms to ensure fairness and eliminate coercion.