On or around 02/16/2017 (Date of order of final judgment)
Filing Date: January 04, 2016
According to the law firm press release, under the terms of the offer, TransDigm acquired Breeze-Eastern in a transaction valued at approximately $206 million. Pursuant to the deal, Breeze-Eastern stockholders received $19.61 per share in cash. The offer price was based on materially misleading disclosures to the Company's stockholders.
On February 15, 2017, the Court issued an Order dismissing this case.
Company & Securities Information
Defendant: Breeze-Eastern Corporation
Sector: Capital Goods
Industry: Aerospace & Defense
Headquarters: United States
Ticker Symbol: BZC
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.
First Identified Complaint
Majed Soueidan, et al. v. Breeze-Eastern Corporation, et al.