On or around 08/25/2016 (Ongoing date of last review)
Filing Date: December 23, 2015
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 Proxy 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.
Company & Securities Information
Defendant: Airgas, Inc.
Sector: Basic Materials
Industry: Chemical Manufacturing
Headquarters: United States
Ticker Symbol: ARG
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.