On or around 07/18/2017 (Stipulation and order of dismissal (voluntary dismissal))
Filing Date: June 02, 2017
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 (the “Proxy Statement”) with the United States Securities and Exchange Commission (“SEC”) 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.
Company & Securities Information
Defendant: Forestar Group Inc.
Industry: Real Estate Operations
Headquarters: United States
Ticker Symbol: FOR
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.
First Identified Complaint
George Assad , et al. v. Forestar Group Inc. , et al.