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Case Status:    DISMISSED    
On or around 11/03/2016 (Notice of voluntarily dismissal)

Filing Date: March 21, 2016

According to the Complaint, on December 10, 2015, Blount announced that it had entered into an Agreement and Plan of Merger, dated December 9, 2015 (the “Merger Agreement”), under which P2 and American Securities, through affiliates Merger Parent and Merger Sub, will acquire all of the outstanding shares of Blount common stock for $10 per share, or a total of approximately $855 million (the “Buyout”). On March 9, 2016, Blount filed the Proxy Statement with the SEC, which announced that the stockholder vote on the Buyout will occur on April 7, 2016.

The Complaint alleges the Proxy Statement misrepresents and omits material information concerning the Buyout, information which Blount stockholders are legally entitled to receive in order to cast a sufficiently informed vote on the Buyout.

On July 1, 2016, the Court appointed Lead Plaintiff and Counsel. Lead Plaintiffs filed an amended complaint on August 1.

This case was voluntarily dismissed on November 3, 2016.

COMPANY INFORMATION:

Sector: Capital Goods
Industry: Misc. Capital Goods
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: BLT
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: D. Oregon
DOCKET #: 16-CV-00483
JUDGE: Hon. Michael H. Simon
DATE FILED: 03/21/2016
CLASS PERIOD START: 12/10/2015
CLASS PERIOD END: 03/21/2016
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Johnson & Weaver LLP
    99 Madison Avenue, 5th Floor, Johnson & Weaver LLP, NY 10016
    212.802.1486 212.602.1592 ·
  2. Levi & Korsinsky, LLP
    30 Broad Street, 15 1h Floor, Levi & Korsinsky, LLP, NY 10004
    212.363.7500 212.363-7171 ·
  3. McGaughey Erickson
    1500 SW 1st Ave., Ste. 800, McGaughey Erickson, OR 97201
    (503) 223-7555 ·
No Document Title Filing Date
COURT: D. Oregon
DOCKET #: 16-CV-00483
JUDGE: Hon. Michael H. Simon
DATE FILED: 08/01/2016
CLASS PERIOD START: 12/10/2015
CLASS PERIOD END: 03/21/2016
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Johnson & Weaver LLP
    99 Madison Avenue, 5th Floor, Johnson & Weaver LLP, NY 10016
    212.802.1486 212.602.1592 ·
  2. Levi & Korsinsky, LLP
    30 Broad Street, 15 1h Floor, Levi & Korsinsky, LLP, NY 10004
    212.363.7500 212.363-7171 ·
  3. McGaughey Erickson
    1500 SW 1st Ave., Ste. 800, McGaughey Erickson, OR 97201
    (503) 223-7555 ·
No Document Title Filing Date