Filing excerpt
On September 22, 2026, the Circuit Court of the 15th Judicial Circuit in and for Palm Beach County, Florida (the “Court”) entered an order (the “Order”) setting a hearing (the “Settlement Hearing”) in a shareholder derivative action pending before the Court titled, Davidson, et al. v. Silagy, et al., Case No. 50-2023-CA-012434-XXXX-MB, for December 14, 2026 at 3:00 p.m. to determine, among other things, whether to approve (i) the terms of a proposed derivative settlement that would resolve the Davidson action and certain related derivative actions and shareholder demands as fair, reasonable, and adequate and (ii) an agreed-upon award of attorneys’ fees and expenses to counsel for the shareholders...