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Hanover Compressor Company Shareholder Derivative Action
Robbins Umeda & Fink, LLP  
Robbins Umeda & Fink, LLP negotiated for the derivative plaintiffs a "groundbreaking" and "unprecedented" settlement on behalf of Hanover Compressor Company that resulted in, among other things, a $26.5 million payment, the return of 2.5 million shares by an entity controlled by defendants, the appointment of two shareholder nominated directors and the agreement to rotate the company's auditing firm in Harbor Finance Partners v. McGhan, et al., No. H-02-0761 (S.D. Tex.).

 

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