Multi Packaging Solutions International Limited Securities Litigation
On or around 04/26/2017 (Stipulation and order of dismissal (voluntary dismissal))
Filing Date: March 06, 2017
According to the Complaint, on January 23, 2017, the Board caused the Company to enter into an agreement and plan of merger (“Merger Agreement”), pursuant to which the Company’s shareholders stand to receive $18.00 in cash for each share of Multi Packaging common stock they own (the “Merger Consideration”).
The Complaint alleges on March 3, 2017, in order to convince Multi Packaging shareholders to vote in favor of the Proposed Merger, the Board authorized the filing of a materially incomplete and misleading Definitive Proxy Statement (the “Proxy”) with the Securities and Exchange Commission (“SEC”), in violation of Sections 14(a) and 20(a) of the Exchange Act.
This case was voluntarily dismissed on April 26, 2017.
Company & Securities Information
Defendant: Multi Packaging Solutions International Limited
Sector: Consumer Non-Cyclical
Industry: Office Supplies
Headquarters: United States
Ticker Symbol: MPSX
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
Stephen Bushansky, et al. v. Multi Packaging Solutions International Limited, et al.