Case Page

 

Case Status:    DISMISSED    
On or around 04/27/2018 (Date of order of final judgment)

Filing Date: October 06, 2016

According to the Complaint, on August 30, 2016, the Board caused Interactive Intelligence to enter into an agreement and plan of merger (the “Merger Agreement”). Pursuant to the terms of the Merger Agreement, stockholders of Interactive Intelligence will receive $60.50 in cash for each share of Interactive common stock.

The Complaint alleges defendants issued materially incomplete and misleading disclosures in the Schedule 14A Preliminary Proxy Statement (the “Proxy”) filed with the United States Securities and Exchange Commission (“SEC”) on September 20, 2016. The Registration Statement is deficient and misleading in that it fails to provide adequate disclosure of all material information related to the Proposed Transaction.

This case was voluntarily dismissed on November 1, 2016. A related case filed under Docket 16-CV-03161 continues.

On January 27, 2017, the Court issued an Order appointing Lead Plaintiff and Counsel. Lead Plaintiff filed an amended Complaint on February 27. Defendants filed Motions to Dismiss on April 28. On March 28, 2018, the Court issued an Order granting Defendants' Motions to Dismiss. The amended Complaint was dismissed with prejudice. On April 27, the Court entered Final Judgment in favor of all Defendants.

COMPANY INFORMATION:

Sector: Technology
Industry: Software & Programming
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: ININ
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: S.D. Indiana
DOCKET #: 16-CV-02666
JUDGE: Hon. Tanya Walton Pratt
DATE FILED: 10/06/2016
CLASS PERIOD START: 08/31/2016
CLASS PERIOD END: 10/06/2016
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Levi & Korsinsky (Stamford)
    733 Summer Street, Suite 304, Levi & Korsinsky (Stamford), CT 06901
    203-992-4523 ·
  2. Riley Williams & Piatt, LLC
    301 Massachusetts Avenue , Riley Williams & Piatt, LLC, IN 46204
    317-633-5270 317-426-3348 ·
No Document Title Filing Date
COURT: S.D. Indiana
DOCKET #: 16-CV-03161
JUDGE: Hon. Tanya Walton Pratt
DATE FILED: 02/27/2017
CLASS PERIOD START: 08/31/2016
CLASS PERIOD END: 11/18/2016
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. George & Farinas, LLP
    151 N. Delaware Street, Suite 1700, George & Farinas, LLP, IN 46204
    317/637-6071 ·
  2. Johnson & Weaver, LLP
    110 West “A” Street, Suite 750, Johnson & Weaver, LLP, CA 92101
    619.230.0063 619.230.0063 · contactus@johnsonandweaver.com
  3. Robbins Geller Rudman & Dowd LLP (San Diego)
    655 West Broadway, Suite 1900, Robbins Geller Rudman & Dowd LLP (San Diego), CA 92101
    619.231.1058 619.231.7423 ·
No Document Title Filing Date
—Related District Court Filings Data is not available