Jamf agrees to pay $199,067 to resolve fee claim in Delaware Chancery case

By AI, Created 4:22 PM UTC, May 18, 2026, /AGP/ – Weiss Law and Bielli & Klauder say they reached an agreement with Jamf Holding Corp. on attorneys’ fees and expenses tied to a Delaware Court of Chancery shareholder suit over Jamf’s take-private merger. The deal ends the remaining fee dispute after Jamf added disclosures, won stockholder approval and dismissed the case as moot.

Why it matters: - The agreement closes out the last live issue in a shareholder lawsuit tied to Jamf Holding Corp.’s merger with an affiliate of Francisco Partners. - Jamf will pay $199,067 in attorneys’ fees and expenses to resolve the anticipated fee application. - The court has not been asked to review the payment, and will not rule on whether the amount is reasonable.

What happened: - Weiss Law and Bielli & Klauder, LLC announced an agreement with Jamf on May 14, 2026 to resolve claims for attorneys’ fees and expenses in Bushansky v. Jamf Holding Corp., et al. in the Delaware Court of Chancery. - Plaintiff Stephen Bushansky filed the suit on Dec. 10, 2025, after Jamf announced a merger agreement on Oct. 28, 2025 with Jawbreaker Parent, Inc. and Jawbreaker Merger Sub, Inc. - The merger agreement called for Merger Sub to merge into Jamf, with Jamf surviving as a wholly owned subsidiary of Parent. - Parent and Merger Sub are affiliates of Francisco Partners Management, L.P.

The details: - Jamf filed a preliminary proxy statement on Nov. 28, 2025 and a definitive proxy statement on Dec. 10, 2025 with the SEC in connection with the transaction. - The complaint alleged the board breached fiduciary duties by failing to disclose material information about the transaction. - The lawsuit sought an injunction, damages, and attorneys’ and experts’ fees. - Plaintiff moved for expedited proceedings and a preliminary injunction on Dec. 11, 2025. - Defendants denied wrongdoing and said they complied with their fiduciary and legal duties. - Jamf supplemented the proxy statement on Dec. 30, 2025 with additional disclosures about Kirkland & Ellis LLP’s historic and current representations of Francisco Partners, related fees, forecast assumptions used by Citigroup Global Markets Inc., and standstill provisions entered during the sale process. - Jamf said the supplemental disclosures mooted the disclosure claims in the case. - Jamf stockholders approved the transaction at a special meeting on Jan. 8, 2026. - On Jan. 14, 2026, the court approved dismissal of the action as moot and retained jurisdiction only to decide any fee request. - The dismissal was with prejudice as to Bushansky, and without prejudice to other Jamf stockholders.

Between the lines: - Jamf chose to settle the fee dispute while continuing to deny any liability. - The company said it believed the proxy statement already gave stockholders the material information needed to vote before the supplemental disclosures. - The payment appears aimed at avoiding more litigation costs and delay rather than testing the fee claim in court.

What’s next: - The fee agreement resolves the anticipated application without further court fight unless the arrangement changes. - The transaction has already received stockholder approval, so the case is now focused only on the fee and expense issue. - Counsel for the plaintiff is Michael Rogovin of Weiss Law, and counsel for defendants is Laura Lin of Simpson Thacher & Bartlett LLP.