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Case Status:    DISMISSED    
On or around 09/14/2017 (Other)

Filing Date: June 20, 2017

According to the Complaint, on March 17, 2017, Molecular Templates, Inc., (“Molecular”) and the Company announced that they had entered into an Agreement and Plan of Merger (“Merger Agreement”) pursuant to which Trojan Merger Sub, Inc. (“Merger Sub”), a wholly owned subsidiary of Threshold, will merge with and into Molecular, with Molecular surviving as a wholly owned subsidiary of Threshold in an all-stock transaction (the “Proposed Transaction”).

The Complaint alleges on May 15, 2017, Defendants issued materially incomplete and misleading disclosures in the Form S-4 Registration Statement (the “Registration Statement”) filed with the United States Securities and Exchange Commission (“SEC”) in connection with the Proposed Transaction. The Registration Statement is deficient and misleading in that it fails to provide adequate disclosures of all material information related to the Proposed Transaction.

This case was voluntarily dismissed on August 23, 2017.


Sector: Healthcare
Industry: Biotechnology & Drugs
Headquarters: United States


Ticker Symbol: THLD
Company Market: NASDAQ
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: N.D. California
DOCKET #: 17-CV-03557
JUDGE: Hon. William Alsup
DATE FILED: 06/20/2017
CLASS PERIOD END: 06/20/2017
  1. Levi & Korsinsky (San Francisco)
No Document Title Filing Date
—Reference Complaint Complaint Related Data is not available
—Related District Court Filings Data is not available