Case Page

 

Case Status:    ONGOING    
On or around 09/16/2016 (Ongoing date of last review)

Filing Date: September 15, 2016

According to a law firm press release, the Complaint alleges that the Board of Directors of Sizmek breached their fiduciary duties by causing a materially incomplete and misleading Recommendation Statement (the “Recommendation Statement”), to be filed with the SEC. The Complaint further alleges that merger consideration Sizmek stockholders will receive in connection with the transaction does not reflect the fair value of Sizmek shares.

COMPANY INFORMATION:

Sector: Services
Industry: Advertising
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: SZMK
Company Market: NASDAQ
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: W.D. Texas
DOCKET #: 16-CV-01073
JUDGE: Hon. Lee Yeakel
DATE FILED: 09/15/2016
CLASS PERIOD START: 08/11/2016
CLASS PERIOD END: 09/15/2016
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Edwards Sutarwalla PLLC
    2555 N. MacGregor Way Suite 100, Edwards Sutarwalla PLLC, TX 77004
    (832) 717-2562 (713) 583-8715 ·
  2. Faruqi & Faruqi LLP (New York)
    685 3rd Avenue 26th Floor, Faruqi & Faruqi LLP (New York), NY
    212..983.9330 212..983.9331 ·
  3. Monteverde & Associates PC
    350 Fifth Avenue, 59th Floor, Monteverde & Associates PC, NY 10118
    (212) 971-1341 ·
No Document Title Filing Date