HeartWare, Inc. Preferred Stockholder Litigation
Magidson v. HeartWare, Inc. is a case brought on behalf of holders of certain series of preferred corporate stock against corporate officers and directors and others, claiming breach of fiduciary duty and breach of contract and alleging, among other things, that the defendants took actions to squeeze out certain classes of preferred shareholders and to deprive them of certain liquidation rights. The case resulted in a cash settlement.