Robbins LLP served as co-lead counsel for the class of Kensington Capital Acquisition Corp. stockholders who were entitled to redeem their shares of stock in connection with the Company's merger with Legacy QuantumScape Corporation. Shareholders sued for breach of fiduciary duty alleging the Proxy included misleading claims about the due diligence done by the Kensington Board, the value of Legacy QuantumScape, and the capabilities of Legacy QuantumScape's technology. After more than 3 years of litigation, Robbins LLP was able to secure $8.75 million for the class.
In re Kensington-QuantumScape De-SPAC Litigation, C.A. No. 2022-0721-JTL (Del. Ch. July 11, 2025)