Interactive Intelligence Group, Inc. Securities Litigation
On or around 11/01/2016 (Court's order of dismissal)
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.
Company & Securities Information
Defendant: Interactive Intelligence Group, Inc.
Industry: Software & Programming
Headquarters: United States
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.
First Identified Complaint
Scott Fischer, et al. v. Interactive Intelligence Group, Inc., et al.
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:
Levi & Korsinsky (Stamford) 733 Summer Street, Suite 304, Levi & Korsinsky (Stamford), CT 06901 203-992-4523 ·
Riley Williams & Piatt, LLC 301 Massachusetts Avenue , Riley Williams & Piatt, LLC, IN 46204 317-633-5270 317-426-3348 ·
First Identified Complaint (FIC) Filings:
Class Action Complaint for Violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934