Interactive Intelligence Group, Inc. is an American provider of software and cloud services for customer engagement, communications and collaboration.

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 they own.

The Complaint alleges that 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 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.