Airgas, Inc. is an American supplier of industrial, medical and specialty gases, as well as hardgoods and safety products.

According to the Complaint, it is alleged that the Proxy violates the Exchange Act because it contains materially misleading information and/or fails to disclose material information that renders other information misleading, concerning (i) Defendant’s woefully deficient process that led to the Board approving the Proposed Transaction; (ii) the Company’s financial projections; and (iv) the financial analyses of the Proposed Transaction performed by Airgas’ financial advisors.

The parties stipulated to a dismissal of this action on August 25, 2016.