Lumos Networks Corp. (“Lumos”) is an American fiber-based telecommunications provider. Their services are primarily targeted towards residents and small businesses.

According to the Complaint, this action stems from a Proposed Transaction announced on February 20, 2017, pursuant to which Lumos will be acquired by a private investment group led by EQT Partners Inc.

On March 31, 2017, Defendants filed a Preliminary Proxy Statement with the United States Securities and Exchange Commission 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 June 13, 2017.