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Case Status:    DISMISSED    
On or around 09/20/2017 (Other)

Filing Date: May 18, 2017

According to the Complaint, on March 30, 2017, TRC’s Board of Directors (the “Board” or “Individual Defendants”) caused the Company to enter into an agreement and plan of merger (the “Merger Agreement”) with Bolt Infrastructure Parent, Inc. (“Parent”) and Bolt Infrastructure Merger Sub, Inc., (“Merger Sub,” and together with Parent, New Mountain Partners IV, L.P., and New Mountain Capital, L.L.C., “New Mountain”). 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 (the “Proxy Statement”) with the United States Securities and Exchange Commission (“SEC”) 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.

COMPANY INFORMATION:

Sector: Services
Industry: Waste Management Services
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: TRR
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.
COURT: D. Connecticut
DOCKET #: 17-CV-00828
JUDGE: Hon. Stefan R. Underhill
DATE FILED: 05/18/2017
CLASS PERIOD START: 03/31/2017
CLASS PERIOD END: 05/18/2017
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Levi & Korsinsky (Stamford)
    733 Summer Street, Suite 304, Levi & Korsinsky (Stamford), CT 06901
    203-992-4523 ·
  2. Rigrodsky & Long, P.A.
    919 N. Market Street, Suite 980, Rigrodsky & Long, P.A., DE 19803
    302.295.5310 302.295.5310 · info@rigrodskylong.com
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