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Case Status:    DISMISSED    
On or around 05/30/2017 (Other)

Filing Date: March 21, 2017

According to the Complaint, on March 6, 2017, the Company announced that it had entered into a definitive agreement (the “Merger Agreement”) by which Parent, through its wholly owned subsidiary, Merger Sub, would acquire Nimble Storage through a tender offer to acquire all of the outstanding shares of Nimble Storage for $12.50 per share in cash (the “Tender Offer”). The Proposed Transaction is valued at slightly more than $1 billion. On March 17, 2017, HP commenced the Tender Offer, which is set to expire at 12:00 midnight on April 13, 2017 (the “Expiration Date”).

In connection with the commencement of the Tender Offer, the Company filed a Recommendation Statement on Schedule 14D-9 (the “Recommendation Statement”) with the SEC. The Complaint alleges the Recommendation Statement is materially deficient and misleading because it fails to disclose material information about the process leading to the Merger Agreement .

Pursuant to a stipulation by the parties, this case was dismissed on April 20, 2017.

COMPANY INFORMATION:

Sector: Technology
Industry: Computer Storage Devices
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: NMBL
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.
COURT: N.D. California
DOCKET #: 17-CV-01533
JUDGE: Hon. Jeffrey S. White
DATE FILED: 03/21/2017
CLASS PERIOD START: 03/06/2017
CLASS PERIOD END: 03/21/2017
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Levi & Korsinsky LLP (DC)
    1101 30th Street, NW; Suite 115, Levi & Korsinsky LLP (DC), DC 20007
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No Document Title Filing Date