On or around 03/24/2017 (Stipulation and order of dismissal (voluntary dismissal))
Filing Date: November 17, 2016
According to the Complaint, this action stems from a proposed transaction announced on September 26, 2016 (the "Proposed Transaction"), pursuant to which Chemtura Corporation will be acquired by Lanxess Deutschland GmbH and Lanxess Additives Inc.
The Complaint alleges the Proxy Statement omits material information with respect to the Proposed Transaction, which renders the Proxy Statement false and misleading.
On March 24, 2017, pursuant to a Stipulation by the parties, this case was ordered dismissed.
Company & Securities Information
Defendant: Chemtura Corporation
Sector: Basic Materials
Industry: Chemical Manufacturing
Headquarters: United States
Ticker Symbol: CHMT
Company Market: New York SE
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
Louis Scarantino, et al. v. Chemtura Corporation, et al.