KCG Holdings, Inc. is an American global financial services firm engaging in market making, electronic execution, and institutional sales and trading.

According to the Complaint, on April 20, 2017, KCG’s Board of Directors caused the Company to enter into an agreement and plan of merger (the “Merger Agreement”) with Virtu. Pursuant to the terms of the Merger Agreement, stockholders of KCG will receive $20.00 per share in cash.

On May 11, 2017, Defendants filed a Preliminary Proxy Statement with the United States Securities and Exchange Commission 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.

On August 17, 2020, this case was dismissed, without prejudice, for failure to prosecute.