$ 6.5 million fee included in deal to end Expedia deal suit of $ 2.6 billion


By Rose Krebs (Nov. 4, 2021, 4:17 pm EDT) – The collective attorneys and Expedia Group have reached agreement on a proposed settlement that includes an attorney fee of up to $ 6.5 million to resolve a shareholder lawsuit End in Delaware Chancery Court Charges Expedia’s $ 2.6 Billion Acquisition of Liberty Expedia Holdings.

In an agreed settlement filed Tuesday with Vice Chancellor J. Travis Laster, lead plaintiff Steamfitters Local 449 Pension Plan, Expedia, its chairman Barry Diller, and other directors and a special Expedia board committee sought an agreement to terminate a lawsuit due to an alleged takeover, Diller wrongly benefited. On Wednesday, the Vice Chancellor signed a forward order with a January …

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