On or around 07/12/2017 (Court's order of dismissal)
Filing Date: April 03, 2017
According to the Complaint, the terms of the Proposed Acquisition were memorialized in a March 14, 2017 filing with the Securities and Exchange Commission (“SEC”) on Form 8-K attaching the definitive Agreement and Plan of Merger (the “Merger Agreement”). On March 23, 2017, Air Methods filed a Solicitation/Recommendation Statement on Schedule 14D-9 (the “14D-9”) with the Securities and Exchange Commission (the “SEC”) in support of the Proposed Acquisition.
The Complaint alleges in violation of sections 14(e) and 20(a) of the Securities and Exchange Act of 1934 (the “Exchange Act”) and their fiduciary duties, Defendants caused to be filed the materially deficient 14D-9 on March 23, 2107 with the SEC in an effort to solicit stockholders to tender their Air Methods shares in favor of the Proposed Acquisition.
Company & Securities Information
Defendant: Air Methods Corporation
Industry: Misc. Transportation
Headquarters: United States
Ticker Symbol: AIRM
Company Market: NASDAQ
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
Neil Sattler, et al. v. Air Methods Corporation, et al.