Putative Class Action Defense for J. Alexander’s and Board

We represented J. Alexander’s Corporation and its board of directors in putative class action alleging breach of fiduciary duty in connection with the proposed $95 million acquisition of J. Alexander’s by Fidelity National Financial, Inc. and seeking to enjoin the transaction. The matter was settled on favorable terms and the deal closed. Advanced Advisors v. Stout, et al., Civ. A. No. 12-1172-III (Davidson County Chancery Ct.)

J. Alexander’s Corporation (formerly NASDAQ: JAX), operates upscale, contemporary restaurants throughout the U.S.

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