Faiz Khan v. Warburg Pincus, LLC

• Court: Supreme Court of Delaware
• Decided: December 9, 2025
• Docket: 236, 2025
• Status: Published

Opinion

IN THE SUPREME COURT OF THE STATE OF DELAWARE

FAIZ KHAN and RALPH FINGER, § on behalf of themselves and all § others similarly situated, § § No. 236, 2025 Plaintiffs Below, § Appellants, § Court Below—Court of Chancery § of the State of Delaware v. § § C.A. No. 2024-0523 WARBURG PINCUS, LLC, § WARBURG PINCUS PRIVATE § EQUITY XII, L.P., WARBURG § PINCUS PRIVATE EQUITY XXII- § B, L.P., WARBURG PINCUS § PRIVATE EQUITY XII-D, L.P., § WARBURG PINCUS PRIVATE § EQUITY XII-E, L.P., WP XII § PARTNERS L.P., WARBURG § PINCUS XII PARTNERS, L.P., § WP CITYMD TOPCO LLC, § WALGREENS BOOTS § ALLIANCE, INC., and VILLAGE § PRACTICE MANAGEMENT § COMPANY LLC, § § Defendants Below, § Appellees. §

Submitted: November 19, 2025 Decided: December 9, 2025

Before SEITZ, Chief Justice; VALIHURA, LEGROW, GRIFFITHS, Justices, and Judge ADAMS. ORDER

This 9th day of December 2025, after careful consideration of the parties’

briefs and the record below, and following oral argument, we find it evident that the

judgment of the Court of Chancery should be affirmed on the basis of and for the

reasons stated in the Memorandum Opinion dated April 30, 2025.

NOW, THEREFORE, IT IS ORDERED that the judgment of the Court of

Chancery is AFFIRMED.

BY THE COURT:

/s/ Collins J. Seitz, Jr. Chief Justice