CEC Entertainment faced a class action lawsuit following its merger with an entity controlled by Apollo Global Management. The lawsuit, consolidated in 2014, alleged breaches of fiduciary duties by CEC's directors and conflicts of interest involving Goldman Sachs. A motion to dismiss was recommended by a Special Master in 2017.
documents/vol00010-efta01358852-pdf.pdf
{"title":"CEC Entertainment: Still Defends Apollo Merger-Related Suit","key_people":["CEC Entertainment's directors","Goldman Sachs Group"],"document_date":"2018-05-21","document_type":"legal","key_locations":["Shawnee County, Kansas"],"document_subtype":"class action lawsuit","key_organizations":["CEC Entertainment","Apollo Global Management","Goldman Sachs"],"reference_numbers":["DB-SDNY-0046811","SDNY_GM_00192995","EFTA01358852"]}