Case Page

 

Case Status:    ONGOING    
On or around 11/01/2017 (Ongoing date of last review)

Filing Date: October 24, 2016

According to the law firm press release, the Acquisition was undertaken on behalf of Defendants to extinguish valuable claims asserted against them (and others) in a previously filed derivative action, as well as to directly acquire for themselves the assets and operations of Linkwell at a grossly inadequate price. Defendants did not provide Plaintiff and other similarly situated public shareholders of Linkwell with any notice with respect to the Acquisition. As a result of the failure to provide the requisite statutory notice, Plaintiff and other similarly situated public shareholders were unlawfully and unfairly deprived of the opportunity to: evaluate whether the $0.88 per share merger consideration was fair; vote to approve the Merger Agreement; exercise appraisal rights; or move to enjoin the Acquisition.

An amended complaint was filed on October 19, 2017.

COMPANY INFORMATION:

Sector: Consumer Non-Cyclical
Industry: Personal & Household Products
Headquarters: China

SECURITIES INFORMATION:

Ticker Symbol: LWLL
Company Market: OTC-BB
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. Florida
DOCKET #: 16-CV-62506
JUDGE: Hon. Federico A. Moreno
DATE FILED: 10/24/2016
CLASS PERIOD START: 08/12/2014
CLASS PERIOD END: 08/12/2014
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Fischler & Friedman, P.A.
    1000 South Andrews Avenue , Fischler & Friedman, P.A. , FL 33316
    954-763-5778 763-3238 ·
  2. Wolf Haldenstein Adler Freeman & Herz LLP (New York)
    270 Madison Avenue, Wolf Haldenstein Adler Freeman & Herz LLP (New York), NY 10016
    212.545.4600 212.686.0114 · newyork@whafh.com
No Document Title Filing Date
COURT: S.D. Florida
DOCKET #: 16-CV-62506
JUDGE: Hon. Federico A. Moreno
DATE FILED: 10/19/2017
CLASS PERIOD START: 08/12/2014
CLASS PERIOD END: 08/12/2014
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Fischler & Friedman, P.A.
    1000 South Andrews Avenue , Fischler & Friedman, P.A. , FL 33316
    954-763-5778 763-3238 ·
  2. Wolf Haldenstein Adler Freeman & Herz LLP (New York)
    270 Madison Avenue, Wolf Haldenstein Adler Freeman & Herz LLP (New York), NY 10016
    212.545.4600 212.686.0114 · newyork@whafh.com
No Document Title Filing Date