Goodrich and its board of directors involved in shareholder class-action litigation suit

Client(s) Goodrich Corporation

Jones Day represented Goodrich and its board of directors in shareholder class-action litigation seeking to enjoin the merger of Goodrich with United Technologies Corp. Plaintiffs claim that the directors breached fiduciary duties of care and loyalty by pursuing a flawed process to sell the company, resulting in an inadequate sale price.

In re Goodrich Shareholders Litigation, No. 13699/2011 (N.Y. Sup. Ct.) (Judge Driscoll)