The vice chancellor also pointed out that negotiations by Sculptor’s founder Daniel S. Och and other original officers played a significant role in achieving the final price increase, reducing the compensable impact of the class attorneys’ litigation.
The class attorneys were represented by a team from Labaton Sucharow LLP, Friedman Oster & Tejtel PLLC, Christensen & Dougherty LLP, Kaskela Law LLC, and Saxena White PA. Sculptor Capital Management and its directors were represented by Richards Layton & Finger PA and Quinn Emanuel Urquhart & Sullivan LLP. The founder group was represented by Abrams & Baylis LLP and Dechert LLP, while Rithm was represented by Skadden Arps Slate Meagher & Flom LLP.
The case, Gilles Beauchemin v. Marcy Engel et al., case number 2023-0921, was heard in the Court of Chancery of the State of Delaware.
