Checkpoint Systems, Inc. ("Checkpoint" or the Company) is an American provider for loss prevention and merchandise visibility in the retail space.

According to the Complaint, on March 2, 2016, Checkpoint issued a press release announcing its entry into an Agreement and Plan of Merger with CCL, pursuant to which CCL will acquire Checkpoint in a transaction valued at approximately $443 million.

The Complaint alleges the Proposed Transaction is designed to unlawfully divest Checkpoint's public shareholders of the Company's valuable assets without fully disclosing all material information concerning the transaction to Company shareholders.

This case was voluntarily dismissed on July 26, 2016.