Tangoe, Inc. is an American information technology company that builds telecom expense management, managed mobility services, and cloud expense management software.

According to the Complaint, on April 28, 2017, the Company announced that it had entered into an agreement and plan of merger, by which Marlin would commence a tender offer to acquire all of the outstanding shares of Tangoe’s common stock at a purchase price of $6.50 per share in cash (the “Proposed Transaction”). At closing, Marlin intends to combine Tangoe with its existing portfolio company Asentinel. The Tender Offer is set to expire on June 13, 2017.

In connection with the commencement of the Tender Offer, on May 12, 2017, the Company filed a Recommendation Statement on Schedule 14D-9 with the SEC. The Complaint alleges the Recommendation Statement is materially deficient and misleading because, inter alia, it fails to disclose material information about the financial projections prepared by the Company and relied upon by the Company’s financial advisor, and the potential conflicts of interest faced by Company executives.

On October 4, 2017, the Court consolidated the related case, Levine v. Tangoe, Inc. et al, 3:17-cv-00873 (AWT), into this case. The Court also granted the Motion to appoint Lead Plaintiffs and Counsel. Lead Plaintiffs filed a consolidated Complaint on November 3. Defendants filed a Motion to Dismiss the consolidated Complaint on December 18. On July 31, 2018, the Court issued an Order granting Defendants' Motion to Dismiss. Plaintiffs were given leave to file an amended Complaint. Plaintiffs did not file an amended Complaint, and on October 19, the Court issued an Order dismissing the case.