Shearman & Sterling advised the Irving-based company that has now raised roughly $1.3 billion in outside financing since 2018, the Dallas Business Journal reports.
Apex Clearing Holdings was represented by a Sidley team led out of Chicago that included associates in Dallas.
The maker of “Borderlands” has agreed to a transaction that will make it a wholly-owned subsidiary of Sweden’s Embracer Group. Brian Womack of the Dallas Business Journal has the details.
The Dallas-based company received a grand jury subpoena from the DOJ last year for documents relating to certain marketing-related claims in a lawsuit from the Federal Trade Commission against the company.
The plaintiffs are seeking unpaid overtime compensation, liquidated damages under the FLSA and the other items, according to the lawsuit.
The U.K. Competition and Markets Authority said it’s blocking Sabre’s planned acquisition of Farelogix, arguing travel agents and passengers there would be “worse off.” The decision comes the same week the travel technology company won its antitrust case against the U.S. Department of Justice, which has since appealed that decision.
One of the largest telecommunications companies in the world has filed a lawsuit in federal court in Waco against the Dallas company for infringing on patents.
The case centered around the roughly $360 million acquisition of Farelogix, a deal that was first announced in late 2018. Sabre is still looking for another win from the U.K Competition and Markets Authority.
A founder of an Irving software company has gone to court to stop his company from making an acquisition – and it’s worked so far. Brian Womack of the Dallas Business Journal has the story.
Tony Aquila said in a statement that Solera has breached a separation deal and refuses to honor its obligations to pay the company’s founder for his vested stock options worth in excess of $100 million.