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Damon Dunn recently argued a case of first impression in the Delaware Supreme Court involving a multi-million dollar Delaware Securities Act claim brought against an FVLD client defended by Damon, Vance Liebman, and Neil Rosenbaum. The en banc court agreed that the Act did not apply to securities transactions made pursuant to the merger of Delaware corporations with no other connection to Delaware, notwithstanding a choice of law clause applying Delaware law.