Covetrus $70 Million Stockholder Settlement: What Former CVET Shareholders Need to Know
Clayton, Dubilier & Rice LLC and affiliated defendants have agreed to pay $70 million to resolve a Delaware stockholder class action alleging they breached their fiduciary duties and issued a materially misleading proxy statement when taking Covetrus Inc. private in a $4 billion deal in 2022. The case is Bucks County Employees’ Retirement System v….
