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Case Status:    DISMISSED    
On or around 10/24/2016 (Court's order of dismissal)

Filing Date: September 28, 2016

According to the Complaint, on July 26, 2016, Linear Technology Corporation (“Linear” or the “Company”) and Analog Devices, Inc. (“Analog”) jointly announced that they had reached a definitive Agreement and Plan of Merger (“Merger Agreement”) under which Analog will acquire Linear in a cash and stock deal with a combined enterprise value of approximately $30 billion.

The Complaint alleges the Proxy contains materially incomplete and misleading information concerning (i) the background of the Proposed Transaction; (ii) the Company’s internal financial data forecasts used for the financial analyses of the Proposed Transaction performed by Qatalyst.

This case was voluntarily dismissed on October 21, 2016.

COMPANY INFORMATION:

Sector: Technology
Industry: Semiconductors
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: LLTC
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: N.D. California
DOCKET #: 16-CV-05514
JUDGE: Hon. Phyllis J. Hamilton
DATE FILED: 09/28/2016
CLASS PERIOD START: 07/26/2016
CLASS PERIOD END: 09/28/2016
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Faruqi & Faruqi LLP (Los Angeles)
    10866 Wilshire Boulevard Suite 1470, Faruqi & Faruqi LLP (Los Angeles), CA 90067
    (424) 256-2884 (424) 256-2885 ·
  2. Monteverde & Associates PC
    350 Fifth Avenue, 59th Floor, Monteverde & Associates PC, NY 10118
    (212) 971-1341 ·
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