On or around 07/10/2017 (Other)
Filing Date: February 21, 2017
According to the Complaint, on December 21, 2016, the Board caused InvenSense to enter into an agreement and plan of merger (the “Merger Agreement”). Pursuant to the terms of the Merger Agreement, stockholders of InvenSense will receive $13.00 per share in cash.
On February 3, 2016, defendants filed a Preliminary Proxy Statement (the “Proxy Statement”) with the United States Securities and Exchange Commission (“SEC”) in connection with the Proposed Transaction. The Complaint alleges the Proxy Statement omits material information with respect to the Proposed Transaction, which renders the Proxy Statement false and misleading.
Pursuant to a Stipulation by the parties, this case was ordered dismissed on May 26, 2017.
Company & Securities Information
Defendant: InvenSense, Inc.
Headquarters: United States
Ticker Symbol: INVN
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
Marc Nuzzo, et al. v. InvenSense, Inc., et al.
COURT: N.D. California
DOCKET #: 17-CV-00859
JUDGE: Hon. James Donato
DATE FILED: 02/21/2017
CLASS PERIOD START: 12/21/2016
CLASS PERIOD END: 02/21/2017
PLAINTIFF FIRMS NAMED IN COMPLAINT:
Levi & Korsinsky (Los Angeles) 445 South Figueroa Street, 31st Floor, Levi & Korsinsky (Los Angeles), CA 90071 (213) 985-7290 (202) 333-2121 ·