In the wake of its merger with an investment fund, TRC Cos. has been busy swatting away pesky shareholder lawsuits driven by law firms who specialize in such litigation.
The Lowell-based engineering, environmental consulting and construction management services firm, which recently obtained shareholder approval for a merger with affiliates of New Mountain Capital, has won a federal court decision dismissing a shareholder lawsuit organized by Stamford, Conn.-based law firm Levi & Korsinsky.