On or around 08/30/2017 (Other)
Filing Date: April 04, 2017
According to the Complaint, this action stems from a proposed transaction announced on February 20, 2017 (the “Proposed Transaction”), pursuant to which Lumos Networks Corp. (“Lumos” or the “Company”) will be acquired by a private investment group led by EQT Partners Inc.
On March 31, 2017, 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 June 13, 2017.
Company & Securities Information
Defendant: Lumos Networks Corp.
Industry: Communications Equipment
Headquarters: United States
Ticker Symbol: LMOS
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
Paul Parshall, et al. v. Lumos Networks Corp., et al.