Forestar Group Inc. is a residential lot development company based in Arlington, Texas.

According to a law firm press release, pursuant to the terms of the Merger Agreement, shareholders of Forestar will receive $14.25 per share in cash.

On May 19, 2017, the Company filed a Proxy Statement with the United States Securities and Exchange Commission in connection with the Proposed Transaction. The Complaint alleges that the Proxy Statement omits material information with respect to the Proposed Transaction, which renders the Proxy Statement false and misleading.

On July 14, 2017, Plaintiff filed a Notice voluntarily dismissing this action. The Court granted an Order of Dismissal without prejudice on July 18.