On or around 08/16/2017 (Stipulation and order of dismissal (voluntary dismissal))
Filing Date: May 10, 2017
According to the Complaint, on April 10, 2017, the Board caused UCP to enter into an agreement and plan of merger (the “Merger Agreement”). Pursuant to the terms of the Merger Agreement, stockholders of UCP will receive $5.32 in cash and 0.2309 of a share in the newly combined company for each share they own.
On May 5, 2017, defendants filed a Form S-4 Registration Statement (the “Registration Statement”) with the United States Securities and Exchange Commission (“SEC”) in connection with the Proposed Transaction. The Complaint alleges the Registration Statement omits material information with respect to the Proposed Transaction, which renders the Registration Statement false and misleading.
On August 7, 2017, Plaintiff filed a Notice voluntarily dismissing this action. The Court granted an Order of Dismissal without prejudice on August 16.
Company & Securities Information
Defendant: UCP, Inc.
Sector: Capital Goods
Industry: Construction Services
Headquarters: United States
Ticker Symbol: UCP
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
Joseph Tola, et al. v. UCP, Inc., et al.
COURT: N.D. California
DOCKET #: 17-CV-02713
JUDGE: Hon. William Alsup
DATE FILED: 05/10/2017
CLASS PERIOD START: 04/11/2017
CLASS PERIOD END: 05/10/2017
PLAINTIFF FIRMS NAMED IN COMPLAINT:
Levi & Korsinsky (San Francisco) 44 Montgomery Street, Suite 650, Levi & Korsinsky (San Francisco), CA 94104 (415) 291-2420 (415) 484-1294 ·