Resource America, Inc. is an American asset management company.

According to the Complaint, on May 22, 2016, Resource America's Board of Directors caused the Company to enter into a definitive agreement and plan of merger. Pursuant to the Merger Agreement, shareholders of Resource America will receive $9.78 in cash for each share of Resource America common stock, in a transaction valued at approximately $207 million.

The Complaint alleges on June 16, 2016, Defendants issued materially incomplete and misleading disclosures in the Preliminary Proxy Statement filed with the United States Securities and Exchange Commission in connection with the Proposed Transaction.

This case was voluntarily dismissed on September 14, 2016.