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Case Status:    SETTLED
On or around 09/16/2016 (Date of order of distribution of settlement)

Filing Date: April 28, 2010

According to the complaint filed on April 28, 2010, this action was brought on behalf of all former shareholders whose shares were acquired by the Defendants, to address the proxy and other securities law violations and breach of contract by the Defendants and its officers and directors, who as a result of the conduct complained of, issued and signed a Joint Proxy Statement/Prospectus (the "Proxy Statement") which was materially inaccurate and misleading and breached their contractual obligations to the plaintiff shareholders.

On May 27, 2010, an Amended Class Action Complaint was filed by the Plaintiffs against the defendants.

On June 18, 2010, the Court issued an order staying this action until after the final resolution of an earlier-filed action pending in the Court of Chancery in the State of Delaware.

On February 07, 2011, an order was issued by the Court lifting the stay from the June 2010.

On March 15, 2011, the defendant Denbury Resources Inc. filed a motion to dismiss which was denied on August 17, 2011.

On September 28, 2012, the Court issued an Order denying plaintiff's motion for judgment on the pleadings. However, the Court granted the plaintiff's motion to certify a class, to be appointed class representative, and to appoint class counsel.

On February 11, 2013, the United States Court of Appeals for the Second Circuit issued an Order granting Defendant's petition to appeal the district court's order.

On July 10, 2013, the Plaintiffs filed their Second Amended Complaint.

On July 14, 2014, the Court issued an Order dismissing Count II of the Second Amended Complaint.

On April 7, 2015, the parties entered into a Stipulation of Settlement. This Settlement was preliminarily approved by the Court on April 24. The Court granted final approval of the Settlement and dismissed this case on July 20.

COMPANY INFORMATION:

Sector: Energy
Industry: Oil & Gas Operations
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: DNR
Company Market: New York SE
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

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.
COURT: E.D. New York
DOCKET #: 10-CV-01917
JUDGE: Hon. Viktor V. Pohorelsky
DATE FILED: 04/28/2010
CLASS PERIOD START: 03/09/2010
CLASS PERIOD END: 03/09/2010
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Stull, Stull & Brody (New York)
    6 East 45th Street, Stull, Stull & Brody (New York), NY 10017
    310.209.2468 310.209.2087 · SSBNY@aol.com
  2. Weiss & Lurie (New York, NY)
    The French Building, 551 Fifth Ave., Suite 1600, Weiss & Lurie (New York, NY), NY 10126
    212.682.3025 212.682.3010 · info@wyca.com
No Document Title Filing Date
COURT: E.D. New York
DOCKET #: 10-CV-01917
JUDGE: Hon. Viktor V. Pohorelsky
DATE FILED: 07/10/2013
CLASS PERIOD START: 03/09/2010
CLASS PERIOD END: 03/09/2010
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. WeissLaw LLP
    551 Fifth Avenue, Suite 1600, WeissLaw LLP, NY 10176
    212.682.3025 212.682-3010 · info@wllawny.com
No Document Title Filing Date
No Document Title Filing Date