TRC Companies, Inc. is an American engineering, consulting and construction management firm.

According to the Complaint, on March 30, 2017, TRC’s Board of Directors caused the Company to enter into an agreement and plan of merger (the “Merger Agreement”) with Bolt Infrastructure Parent, Inc. and Bolt Infrastructure Merger Sub, Inc., and New Mountain Capital, L.L.C. Pursuant to the terms of the Merger Agreement, shareholders of TRC will receive $17.55 in cash for each share of TRC common stock.

On May 8, 2017, Defendants filed a Proxy Statement with the United States Securities and Exchange Commission in connection with the Proposed Transaction. The Complaint alleges the Proxy Statement, which scheduled a stockholder vote on the Proposed Transaction for June 8, 2017, 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 19, 2017.