On or around 03/04/2011 (Court's order of dismissal)
Filing Date: February 05, 2010
According to the complaint filed February 05, 2010, the Individual Defendants have attempted to solicit unitholder proxies in support of the Company’s proposed sale with the issuance of a Schedule 14A Proxy Statement (the “Proxy”) on January 8, 2010 that contains materially misleading information and omissions of material fact.
The Proxy failed to provide the Company’s unitholders with material information and/or provides them with materially misleading information thereby rendering the unitholders unable to make an informed decision on whether to vote in favor of the Proposed Transaction.
On February 19, 2010, the plaintiff filed an Amended Complaint. On February 28, 2011, the plaintiffs were ordered to show cause why the case should not be dismissed for failure to comply with Fed R.Civ.P. 4(m). On March 4, 2010, Judge David A. Katz on signed the order dismissing the action without prejudice for want of prosecution.
Company & Securities Information
Defendant: Cedar Fair Management, Inc.
Industry: Recreational Activities
Headquarters: United States
Ticker Symbol: FUN
Company Market: New York SE
Market Status: Public (Listed)
About the Company & Securities Data
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In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
First Identified Complaint
Leo Moritz , et al. v. Cedar Fair Management, Inc., et al.