Chancery Lets $344M Carlyle Tax-Payout Suit Move Ahead

By Leslie A. Pappas

A vice chancellor of the Delaware Court of Chancery on Wednesday refused to toss most claims in a stockholder suit led by a Pittsburgh pension fund targeting a $344 million tax-asset buyout at The Carlyle Group Inc., though she did trim the suit by a single count.

 Opinion attached | Read full article » Save to favorites »