Delaware Chancery Court Approves $53 Million Settlement in New Senior Derivative Litigation

July 31, 2019

On July 31, 2019, the Delaware Chancery Court approved a $53 million settlement of a derivative action brought on behalf of shareholders in New Senior Investment Group (SNR).

The recovery was the largest as a percentage of market cap in Delaware history.

Click here to learn more about the history of the case and download a copy of the order approving the settlement.