The complaint, brought by the law firm Robbins LLP, centers on the $9.15-per-share acquisition that closed on August 26, 2025. Plaintiffs contend that Executive Chairman William P. Foley, who chaired both Dun & Bradstreet and its largest stakeholder, Cannae Holdings, maneuvered the deal to address an urgent cash crunch at Cannae and stave off an activist proxy contest threatening his own control.
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Investors Target Dun & Bradstreet Over Alleged Merger Misconduct
A class action lawsuit filed against Dun & Bradstreet Holdings, Inc. alleges that the company’s 2025 merger with Clearlake Capital Group was orchestrated to solve a liquidity crisis at Cannae Holdings, Inc. rather than serve the best interests of Dun & Bradstreet shareholders.
According to the allegations, Dun & Bradstreet’s proxy statement issued on May 13, 2025, omitted critical information regarding the true motivations for the sale. The suit claims the company failed to disclose advisor conflicts, misrepresented the board's approval of financial projections, and ignored alternative transactions that could have yielded higher returns for stockholders. Investors who sold shares between May 13 and August 26, 2025, have until November 10, 2026, to apply for the role of lead plaintiff in the ongoing litigation.
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