Overview
Matthew Perri focuses on litigation in the Delaware Court of Chancery and the Delaware Supreme Court, and represents committees of boards of directors formed to perform investigations.
Matt primarily represents Delaware corporations and alternative entities and their officers, directors, and managers, including in derivative and stockholder class action lawsuits. He frequently handles claims involving mergers and acquisitions, corporate governance, fiduciary duties, statutory appraisal, statutory books and records, and complex commercial or contractual issues.
PRACTICES
Investigative & Demand Committees
Corporate & Chancery Litigation
Mergers & Acquisitions
Select Experience
- Represented seller in obtaining post-trial ruling, which was affirmed on appeal, requiring buyer to close transaction it attempted to terminate due to the pandemic
- Represented a special committee of a midwestern financial institution in connection with a purported whistleblower complaint relating to concerns regarding harassment, discrimination, retaliation, regulatory issues, antitrust laws, securities laws, corporate governance, and diversity, equity, and inclusion
- Represented directors and officers of public company in successfully moving to dismiss claims relating to the duty of oversight and insider trading arising from a significant acquisition of the company and its integration efforts, and defending that ruling on appeal
- Represented the custodian of a cryptocurrency company in connection with investigating various claims, including allegations brought in the Court of Chancery relating to fiduciary duties and other potential regulatory issues spanning the globe
- Represented special committee of public company board of directors created in response to demand from stockholder relating to the company’s antitrust practices
- Represented a special committee of the board of a Fortune 500 company to assist with its investigation of potential fiduciary duty claims relating to alleged antitrust violations
- Represented directors of a private medical company in breach of fiduciary duty suit against investors regarding alleged related party agreements which potentially resulted in change of control
- Represented a special committee of the board of a Fortune 500 company in connection with its investigation of potential state-law fiduciary claims and federal securities law claims relating to the hiring and employment of a top officer
- Represented special committee of board of directors of a bank relating to potential whistleblower suit regarding a variety of issues, including antitrust issues, insider trading, mismanagement, and workplace environment concerns
- Represented a special committee of a digital media company in connection with its investigation into purported wrongdoing by purportedly interested officers in connection with a strategic review
- Represented robotics company in successfully objecting to attempt by receiver to sell third-party assets through Court of Chancery action
- Represented a Fortune 500 company in connection with investigating allegations of sexual harassment and other inappropriate behavior by a key officer; we conducted a highly expedited investigation resulting in action taken against the officer
- Represented special committee of board of directors of non-Delaware entity created in response to demand from stockholder relating to fiduciary compensation
- Represented independent directors of a cryptocurrency company investigating potential wrongdoing in financial practices involving users, including in connection with potential lending and insolvency
- Represented director and equity holder in e-commerce company in defending allegations of breach of fiduciary duty and pursuing allegations of the same, resulting in successfully mediated outcome
- Represented group of investors against company and its directors and officers to successfully obtain expedited resolution of claims of contractual fraud and breach of contract
- Represented investors in limited partnerships on expedited fraud and dissolution claims relating to a control dispute, resulting in a mediation and favorable settlement
- University of Virginia School of Law, J.D., 2014
Virginia Tax Review, Editorial Board - Binghamton University, B.A., Political Science, 2011
Education
Publications
The Corporate Governance Advisor | May/June 2025
Recently, corporations and fiduciaries have faced enhanced litigation risk arising from entire fairness claims challenging related-party transactions and other transactions implicating unique interests of corporate fiduciaries. This risk is most pertinent for controlled public corporations, although it has also affected public and private corporations with significant non-majority holders.…
Richards Layton Discusses the Standing Demand Committee in Derivative Litigation
The CLS Blue Sky Blog | February 18, 2025
Recently, corporations and fiduciaries have faced enhanced litigation risk arising from entire fairness claims challenging related-party transactions and other transactions implicating unique interests of corporate fiduciaries. This risk is most pertinent for controlled public corporations, although it has also affected public and private corporations with significant non-majority holders. The prospect of costly entire fairness litigation has…
Delaware Enacts Personal Data Privacy Act
September 20, 2023
On September 11, 2023, Governor Carney signed into law the Delaware Personal Data Privacy Act (the “Act”), making Delaware one of twelve states that have passed comprehensive data privacy laws in the absence of a national law. The Act, which takes effect on January 1, 2025, will require companies and individuals that fall under its purview…
Business Law Today | March 9, 2023
The fiduciary duty of oversight has been one of the hottest topics of discussion among practitioners and boards of directors since it was thrust back into the limelight by the Delaware Supreme Court’s decision in Marchand v. Barnhill. In Marchand, the Delaware Supreme Court reversed a decision by the Delaware Court of Chancery to dismiss,…
Recognition
- The Legal 500, 2024, 2023
- The Best Lawyers in America, 2025, 2023, 2022
Bar Admissions
- Delaware, 2014
- United States District Court, District of Delaware, 2015
