TBA Law Blog

Posted by: Brittany Sims on Sep 18, 2012

A class-action lawsuit filed in Tennessee State Court against Nashville-based J. Alexander’s and Fidelity National Financial has been settled, the Nashville Business Journal reports. Shareholders accused J. Alexander’s of not doing enough on their behalf after the proposed acquisition by Fidelity. They also allege Fidelity influenced the deal by offering J. Alexander CEO a job before the merger.