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Vaalco Energy, Inc. Proxy Contest Litigation
, Gold, Daniel H.
, Volker, Odean L.
Services: Securities Class Action Defense and Shareholder Litigation
, Proxy Contests and Corporate Control Litigation
Filed lawsuit alleging securities laws violations on behalf of independent oil company against a hedge fund-led insurgent group that had launched a proxy contest aimed at unseating three of the company’s directors. Obtained temporary restraining order, which prompted immediate settlement whereby insurgent shareholder group withdrew competing nominees to board of directors and cast votes in favor of company’s director nominees.